Index Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
S&P 400 Industrial Conglomerates (Industry) (CME:SP400-201050)
Countertrend Up (+85) - SP400-201050 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP400-201050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-201050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-201050
The long-term trend has been UP since Nov 5th, 2020 at 1765.41
The intermediate-term trend has been UP since Nov 5th, 2020 at 1748.34
The short-term trend has been DOWN since Nov 27th, 2020 at 1959.14
Smart Scan Analysis for SP400-201050
Based on our trend formula, SP400-201050 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1713.27||52wk High Date||2018-08-28|
|52wk Low||1219.62||52wk Low Date||2018-10-24|