Index Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
S&P Composite 1500 Technology Hardware & Equipment (Industry Group) (CME:SP1500-4520)
Strong Uptrend (+100) - SP1500-4520 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-4520 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Feb 2nd, 2023 at 2618.49
The intermediate-term trend has been UP since Jan 13th, 2023 at 2378.31
The short-term trend has been UP since Feb 2nd, 2023 at 2552.01
Smart Scan Analysis for SP1500-4520
Based on our trend formula, SP1500-4520 is rated as a +100 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|