Index Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
S&P Composite 1500 Communications Equipment (Industry) (CME:SP1500-452010)
Bull Market Weakness (+75) - SP1500-452010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-452010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-452010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-452010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-452010
The long-term trend has been DOWN since Feb 14th, 2022 at 571.37
The intermediate-term trend has been UP since Jul 20th, 2022 at 488.86
The short-term trend has been UP since Jul 27th, 2022 at 497.59
Smart Scan Analysis for SP1500-452010
Based on our trend formula, SP1500-452010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||486||52wk High Date||2018-09-26|
|52wk Low||378.34||52wk Low Date||2017-12-01|