Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
S&P 400 Food & Staples Retailing (Industry Group) (CME:SP400-3010)
Long-Term Downtrend (-90) - SP400-3010 is in a strong downtrend that is likely to continue. While SP400-3010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP400-3010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-3010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-3010
The long-term trend has been DOWN since Sep 20th, 2021 at 3527.84
The intermediate-term trend has been DOWN since Sep 14th, 2021 at 3579.77
The short-term trend has been DOWN since Sep 8th, 2021 at 3717.40
Smart Scan Analysis for SP400-3010
Based on our trend formula, SP400-3010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3011.66||52wk High Date||2018-01-26|
|52wk Low||2264.78||52wk Low Date||2018-06-12|