Index Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
S&P 400 Beverages (Industry) (CME:SP400-302010)
Long-Term Downtrend (-90) - SP400-302010 is in a strong downtrend that is likely to continue. While SP400-302010 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 SP400-302010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-302010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-302010
The long-term trend has been DOWN since Jun 17th, 2021 at 308.21
The intermediate-term trend has been DOWN since May 4th, 2021 at 371.28
The short-term trend has been DOWN since Aug 25th, 2021 at 183.15
Smart Scan Analysis for SP400-302010
Based on our trend formula, SP400-302010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||103.37||52wk High Date||2018-07-25|
|52wk Low||50.27||52wk Low Date||2018-03-01|