Index Trend Analysis Report
Prepared for you on Thursday, April 15, 2021.
S&P 400 Steel (Sub Ind) (CME:SP400-15104050)
Long-Term Uptrend (+90) - SP400-15104050 is in a strong uptrend that is likely to continue. While SP400-15104050 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 SP400-15104050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15104050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-15104050
The long-term trend has been UP since Aug 11th, 2020 at 155.72
The intermediate-term trend has been UP since Feb 16th, 2021 at 200.41
The short-term trend has been UP since Apr 14th, 2021 at 261.70
Smart Scan Analysis for SP400-15104050
Based on our trend formula, SP400-15104050 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||255.45||52wk High Date||2018-02-20|
|52wk Low||175.34||52wk Low Date||2018-11-28|