Index Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
S&P 400 Energy Equipment & Services (Industry) (CME:SP400-101010)
Sidelines Mode (+55) - SP400-101010 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 SP400-101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-101010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-101010
The long-term trend has been DOWN since Aug 19th, 2021 at 171.69
The intermediate-term trend has been UP since Oct 5th, 2021 at 194.90
The short-term trend has been DOWN since Oct 21st, 2021 at 200.97
Smart Scan Analysis for SP400-101010
Based on our trend formula, SP400-101010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||674.84||52wk High Date||2018-05-17|
|52wk Low||415.42||52wk Low Date||2018-11-28|