Index Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
S&P 400 Diversified Chemicals (Sub Ind) (CME:SP400-15101020)
Long-Term Uptrend (+90) - SP400-15101020 is in a strong uptrend that is likely to continue. While SP400-15101020 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 SP400-15101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-15101020
The long-term trend has been UP since Jun 4th, 2020 at 69.70
The intermediate-term trend has been UP since Mar 8th, 2021 at 123.59
The short-term trend has been UP since May 17th, 2021 at 153.78
Smart Scan Analysis for SP400-15101020
Based on our trend formula, SP400-15101020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||245.88||52wk High Date||2018-01-22|
|52wk Low||121.75||52wk Low Date||2018-11-28|