Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
S&P Composite 1500 Communications Equipment (Sub Ind) (CME:SP1500-45201020)
Weak Downtrend (-65) - SP1500-45201020 is showing signs of a strengthening downtrend. Monitor SP1500-45201020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-45201020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45201020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-45201020
The long-term trend has been UP since Dec 1st, 2020 at 232.94
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 308.44
The short-term trend has been DOWN since Sep 15th, 2021 at 307.20
Smart Scan Analysis for SP1500-45201020
Based on our trend formula, SP1500-45201020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||251.66||52wk High Date||2018-09-26|
|52wk Low||195.91||52wk Low Date||2017-12-01|