Index Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
S&P Composite 1500 Telecommunication Services (Industry Group) (CME:SP1500-5010)
Countertrend Down (-85) - SP1500-5010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP1500-5010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-5010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-5010
The long-term trend has been DOWN since Jul 8th, 2021 at 155.30
The intermediate-term trend has been DOWN since May 18th, 2021 at 158.45
The short-term trend has been UP since Nov 23rd, 2021 at 138.92
Smart Scan Analysis for SP1500-5010
Based on our trend formula, SP1500-5010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||168.62||52wk High Date||2018-02-01|
|52wk Low||140.06||52wk Low Date||2018-05-09|