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Index Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
S&P 400 Industrials (Sector) (CME:SP400-20)
Sidelines Mode (+55) - SP400-20 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 SP400-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP400-20
The long-term trend has been UP since Oct 21st, 2021 at 1605.80
The intermediate-term trend has been UP since Jan 3rd, 2022 at 1679.72
The short-term trend has been DOWN since Jan 18th, 2022 at 1599.25
Smart Scan Analysis for SP400-20
Based on our trend formula, SP400-20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1604.32 | 1607.23 | 1588.56 | 1594.86 | -25.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1594.86 | 50562304 | 2022-01-18 16:19:52 |
| 52wk High | 1086.19 | 52wk High Date | 2018-09-21 |
| 52wk Low | 888.84 | 52wk Low Date | 2018-10-29 |