Index Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
S&P Composite 1500 Multi Utilities (Sub Ind) (CME:SP1500-55103010)
Countertrend Down (-85) - SP1500-55103010 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 SP1500-55103010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-55103010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-55103010
The long-term trend has been DOWN since Feb 28th, 2020 at 106.48
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 114.50
The short-term trend has been UP since Mar 25th, 2020 at 87.85
Smart Scan Analysis for SP1500-55103010
Based on our trend formula, SP1500-55103010 is rated as a -85 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|