Analyze Symbol
Index Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
S&P 400 - Biotechnology (Sub Ind) (CME:SP400-35201010)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP400-35201010
The long term trend has been DOWN since Apr 17th, 2019 at 3962.62
The intermediate term trend has been UP since Aug 19th, 2019 at 3629.12
The short term trend has been DOWN since Aug 22nd, 2019 at 3580.66
Smart Scan Analysis for SP400-35201010
Based on a pre-defined weighted trend formula for chart analysis, SP400-35201010 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3529.23 | 3567.11 | 3504.93 | 3513.15 | -32.56 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3641.2 | 535949 | 2019-08-23 11:12:09 |
| 52wk High | 4895.56 | 52wk High Date | 2018-08-02 |
| 52wk Low | 2951.99 | 52wk Low Date | 2017-12-01 |