Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
S&P 400 Electrical Equipment (Industry) (CME:SP400-201040)
Strong Downtrend (-100) - SP400-201040 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP400-201040 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP400-201040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-201040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-201040
The long-term trend has been DOWN since Jan 21st, 2022 at 3054.20
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 3577.14
The short-term trend has been DOWN since Jan 5th, 2022 at 3366.61
Smart Scan Analysis for SP400-201040
Based on our trend formula, SP400-201040 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2302.51||52wk High Date||2018-09-21|
|52wk Low||1674.19||52wk Low Date||2018-05-01|