Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
S&P 400 Banks (Industry) (CME:SP400-401010)
Sidelines Mode (+55) - SP400-401010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP400-401010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-401010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-401010
The long-term trend has been UP since Oct 23rd, 2020 at 408.12
The intermediate-term trend has been DOWN since Mar 25th, 2021 at 628.34
The short-term trend has been UP since Apr 12th, 2021 at 660.50
Smart Scan Analysis for SP400-401010
Based on our trend formula, SP400-401010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||676.04||52wk High Date||2018-06-07|
|52wk Low||504.98||52wk Low Date||2018-10-24|