Index Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
S&P 400 -Oil & Gas Refining & Marketing (Sub Ind) (CME:SP400-10102030)
Long-Term Uptrend (+90) - SP400-10102030 is in a strong uptrend that is likely to continue. While SP400-10102030 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP400-10102030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-10102030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-10102030
The long-term trend has been UP since Mar 25th, 2022 at 102.22
The intermediate-term trend has been UP since May 4th, 2022 at 107.62
The short-term trend has been UP since Apr 28th, 2022 at 98.45
Smart Scan Analysis for SP400-10102030
Based on our trend formula, SP400-10102030 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||211.66||52wk High Date||2018-10-04|
|52wk Low||113.18||52wk Low Date||2018-03-01|