Index Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
S&P 400 Airlines (Industry) (CME:SP400-203020)
Strong Downtrend (-100) - SP400-203020 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP400-203020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-203020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-203020
The long-term trend has been DOWN since Jun 18th, 2021 at 309.53
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 275.07
The short-term trend has been DOWN since Oct 6th, 2021 at 286.43
Smart Scan Analysis for SP400-203020
Based on our trend formula, SP400-203020 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||419.55||52wk High Date||2018-01-16|
|52wk Low||286.61||52wk Low Date||2018-10-25|