Index Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
S&P Composite 1500 Technology Hardware & Equipment (Industry Group) (CME:SP1500-4520)
Weak Downtrend (-65) - SP1500-4520 is showing signs of a strengthening downtrend. Monitor SP1500-4520 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-4520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-4520
The long-term trend has been UP since Oct 11th, 2019 at 1249.74
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1491.34
The short-term trend has been DOWN since Feb 18th, 2020 at 1567.63
Smart Scan Analysis for SP1500-4520
Based on our trend formula, SP1500-4520 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1271.17||52wk High Date||2018-10-03|
|52wk Low||915.11||52wk Low Date||2018-02-09|