Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
S&P 400 Home Furnishings (Sub Ind) (CME:SP400-25201020)
Long-Term Uptrend (+90) - SP400-25201020 is in a strong uptrend that is likely to continue. While SP400-25201020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP400-25201020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-25201020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-25201020
The long-term trend has been UP since Oct 17th, 2019 at 517.20
The intermediate-term trend has been UP since Jan 22nd, 2020 at 564.98
The short-term trend has been UP since Feb 12th, 2020 at 589.25
Smart Scan Analysis for SP400-25201020
Based on our trend formula, SP400-25201020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||415.39||52wk High Date||2018-01-16|
|52wk Low||259.74||52wk Low Date||2018-04-25|