Index Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
S&P 400 Banks (Industry Group) (CME:SP400-4010)
Strong Uptrend (+100) - SP400-4010 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP400-4010 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 SP400-4010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-4010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-4010
The long-term trend has been UP since Nov 3rd, 2020 at 316.13
The intermediate-term trend has been UP since Apr 23rd, 2021 at 504.81
The short-term trend has been UP since May 14th, 2021 at 519.39
Smart Scan Analysis for SP400-4010
Based on our trend formula, SP400-4010 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||508.63||52wk High Date||2018-06-07|
|52wk Low||380.24||52wk Low Date||2018-10-24|