Index Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
S&P Composite 1500 Gas Utilities (Sub Ind) (CME:SP1500-55102010)
Countertrend Down (-85) - SP1500-55102010 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 SP1500-55102010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-55102010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-55102010
The long-term trend has been DOWN since Jun 17th, 2022 at 797.64
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 866.25
The short-term trend has been UP since Jun 22nd, 2022 at 822.15
Smart Scan Analysis for SP1500-55102010
Based on our trend formula, SP1500-55102010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||881.73||52wk High Date||2018-11-20|
|52wk Low||685.79||52wk Low Date||2018-02-06|