Index Trend Analysis Report
Prepared for you on Tuesday, August 3, 2021.
S&P Composite 1500 Multi Utilities (Industry) (CME:SP1500-551030)
Bull Market Weakness (+75) - SP1500-551030 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-551030 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-551030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-551030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-551030
The long-term trend has been DOWN since Jul 1st, 2021 at 101.50
The intermediate-term trend has been UP since Jul 15th, 2021 at 105.12
The short-term trend has been UP since Jul 15th, 2021 at 104.82
Smart Scan Analysis for SP1500-551030
Based on our trend formula, SP1500-551030 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||99.83||52wk High Date||2017-12-01|
|52wk Low||83.32||52wk Low Date||2018-06-07|