Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
S&P 400 - Technology Distributors (Sub Ind) (CME:SP400-45203030)
Weak Downtrend (-65) - SP400-45203030 is showing signs of a strengthening downtrend. Monitor SP400-45203030 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP400-45203030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-45203030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-45203030
The long-term trend has been DOWN since Jul 8th, 2021 at 647.43
The intermediate-term trend has been UP since Nov 2nd, 2021 at 665.20
The short-term trend has been DOWN since Nov 26th, 2021 at 687.67
Smart Scan Analysis for SP400-45203030
Based on our trend formula, SP400-45203030 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||406.85||52wk High Date||2018-01-19|
|52wk Low||289.31||52wk Low Date||2018-10-29|