Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
S&P 400 Automobiles (Industry) (CME:SP400-251020)
Bear Market Rally (-75) - SP400-251020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP400-251020 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP400-251020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-251020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-251020
The long-term trend has been DOWN since Jul 19th, 2021 at 601.71
The intermediate-term trend has been UP since Sep 28th, 2021 at 602.82
The short-term trend has been DOWN since Oct 13th, 2021 at 600.06
Smart Scan Analysis for SP400-251020
Based on our trend formula, SP400-251020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||696.82||52wk High Date||2018-01-24|
|52wk Low||274.14||52wk Low Date||2018-10-29|