Index Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
S&P 400 Food & Staples Retailing (Industry) (CME:SP400-301010)
Strong Uptrend (+100) - SP400-301010 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP400-301010 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP400-301010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-301010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-301010
The long-term trend has been UP since May 21st, 2020 at 2901.09
The intermediate-term trend has been UP since Jul 6th, 2020 at 3195.99
The short-term trend has been UP since Aug 4th, 2020 at 3386.17
Smart Scan Analysis for SP400-301010
Based on our trend formula, SP400-301010 is rated as a +100 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|