Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
S&P 400 - Electronic Equipment & Instruments (Sub Ind) (CME:SP400-45203010)
Countertrend Up (+85) - SP400-45203010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP400-45203010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-45203010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-45203010
The long-term trend has been UP since Jun 5th, 2020 at 554.08
The intermediate-term trend has been UP since Apr 5th, 2021 at 820.19
The short-term trend has been DOWN since Apr 20th, 2021 at 819.00
Smart Scan Analysis for SP400-45203010
Based on our trend formula, SP400-45203010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||506.64||52wk High Date||2018-09-21|
|52wk Low||396.18||52wk Low Date||2018-05-01|