Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
S&P Composite 1500 Independent Power Producers & Energy Traders (Sub Ind) (CME:SP1500-55105010)
Sidelines Mode (-55) - SP1500-55105010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-55105010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-55105010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-55105010
The long-term trend has been DOWN since May 13th, 2021 at 136.40
The intermediate-term trend has been UP since Oct 15th, 2021 at 137.30
The short-term trend has been DOWN since Oct 18th, 2021 at 133.68
Smart Scan Analysis for SP1500-55105010
Based on our trend formula, SP1500-55105010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||99.64||52wk High Date||2018-11-12|
|52wk Low||60.59||52wk Low Date||2018-02-09|