Index Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
S&P Composite 1500 Semiconductors (Sub Ind) (CME:SP1500-45301020)
Weak Downtrend (-65) - SP1500-45301020 is showing signs of a strengthening downtrend. Monitor SP1500-45301020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-45301020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45301020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-45301020
The long-term trend has been UP since Apr 15th, 2021 at 1903.43
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 2314.66
The short-term trend has been DOWN since Jan 14th, 2022 at 2329.18
Smart Scan Analysis for SP1500-45301020
Based on our trend formula, SP1500-45301020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1063.04||52wk High Date||2018-06-07|
|52wk Low||813.83||52wk Low Date||2018-11-20|