Index Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
S&P 400 Textiles, Apparel & Luxury Goods (Industry) (CME:SP400-252030)
Strong Downtrend (-100) - SP400-252030 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP400-252030 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP400-252030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-252030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-252030
The long-term trend has been DOWN since Jan 20th, 2022 at 3648.95
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 4393.61
The short-term trend has been DOWN since Jan 5th, 2022 at 4045.73
Smart Scan Analysis for SP400-252030
Based on our trend formula, SP400-252030 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2512.18||52wk High Date||2018-02-26|
|52wk Low||1918.31||52wk Low Date||2018-10-11|