Index Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
S&P 400 Paper & Forest Products (Industry) (CME:SP400-151050)
Weak Downtrend (-65) - SP400-151050 is showing signs of a strengthening downtrend. Monitor SP400-151050 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP400-151050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-151050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-151050
The long-term trend has been UP since Jul 17th, 2020 at 67.79
The intermediate-term trend has been DOWN since May 17th, 2021 at 136.14
The short-term trend has been DOWN since Jun 2nd, 2021 at 142.39
Smart Scan Analysis for SP400-151050
Based on our trend formula, SP400-151050 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||98.58||52wk High Date||2018-09-12|
|52wk Low||71.18||52wk Low Date||2018-10-29|