Index Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
S&P 400 Regional Banks (Sub Ind) (CME:SP400-40101015)
Long-Term Uptrend (+90) - SP400-40101015 is in a strong uptrend that is likely to continue. While SP400-40101015 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP400-40101015?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-40101015.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-40101015
The long-term trend has been UP since Oct 1st, 2021 at 181.82
The intermediate-term trend has been UP since Sep 27th, 2021 at 175.19
The short-term trend has been UP since Oct 15th, 2021 at 184.89
Smart Scan Analysis for SP400-40101015
Based on our trend formula, SP400-40101015 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||182.79||52wk High Date||2018-06-07|
|52wk Low||136.54||52wk Low Date||2018-10-24|