Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
S&P Composite 1500 Semiconductor Equipment (Sub Ind) (CME:SP1500-45301010)
Countertrend Up (+85) - SP1500-45301010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-45301010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45301010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-45301010
The long-term trend has been UP since Sep 5th, 2019 at 860.45
The intermediate-term trend has been UP since Feb 12th, 2020 at 1132.77
The short-term trend has been DOWN since Feb 18th, 2020 at 1129.67
Smart Scan Analysis for SP1500-45301010
Based on our trend formula, SP1500-45301010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||916.12||52wk High Date||2018-03-13|
|52wk Low||529.3||52wk Low Date||2018-10-29|