Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

S&P 400 - Biotechnology (Sub Ind) (CME:SP400-35201010)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

CME_SP400-35201010
Open High Low SP400-35201010 Price Change
3129.65 3189.36 3098.52 3179.67 +70.45
Entry Signal

MarketClub’s Trade Triangles for SP400-35201010

long term down The long term trend has been DOWN since Jan 24th, 2020 at 3144.85

intermediate term down The intermediate term trend has been DOWN since Jan 3rd, 2020 at 3473.03

short term down The short term trend has been DOWN since Jan 21st, 2020 at 3518.37

Smart Scan Analysis for SP400-35201010

Based on a pre-defined weighted trend formula for chart analysis, SP400-35201010 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SP400-35201010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3129.65 3189.36 3098.52 3179.67 +70.45
Prev. Close Volume Bid Ask Time
3414.32 4313420 2020-01-28 17:20:57
52wk High4895.5652wk High Date2018-08-02
52wk Low2951.9952wk Low Date2017-12-01
Get a free daily report for S&P 400 - Biotechnology (Sub Ind) (SP400-35201010) - Free Trend Analysis Report.