Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
S&P 400 Airlines (Sub Ind) (CME:SP400-20302010)
Sidelines Mode (-55) - SP400-20302010 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 SP400-20302010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20302010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-20302010
The long-term trend has been UP since Oct 23rd, 2020 at 241.51
The intermediate-term trend has been DOWN since Apr 20th, 2021 at 348.63
The short-term trend has been UP since May 10th, 2021 at 358.45
Smart Scan Analysis for SP400-20302010
Based on our trend formula, SP400-20302010 is rated as a -55 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|