Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
S&P 400 - Pharmaceuticals (Sub Ind) (CME:SP400-35202010)
Strong Uptrend (+100) - SP400-35202010 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP400-35202010 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 SP400-35202010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-35202010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-35202010
The long-term trend has been UP since Mar 17th, 2022 at 1566.56
The intermediate-term trend has been UP since May 26th, 2022 at 1534.02
The short-term trend has been UP since May 26th, 2022 at 1519.55
Smart Scan Analysis for SP400-35202010
Based on our trend formula, SP400-35202010 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1546.07||52wk High Date||2018-01-26|
|52wk Low||1017.02||52wk Low Date||2018-05-03|