Index Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
S&P 400 - Electronic Components (Sub Ind) (CME:SP400-45203015)
Weak Downtrend (-65) - SP400-45203015 is showing signs of a strengthening downtrend. Monitor SP400-45203015 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP400-45203015?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-45203015.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-45203015
The long-term trend has been DOWN since May 11th, 2021 at 227.84
The intermediate-term trend has been DOWN since Jun 17th, 2021 at 238.67
The short-term trend has been UP since Jul 28th, 2021 at 240.16
Smart Scan Analysis for SP400-45203015
Based on our trend formula, SP400-45203015 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||227.67||52wk High Date||2018-01-19|
|52wk Low||159.53||52wk Low Date||2018-10-29|