Index Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
S&P 400 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP400-4530)
Bull Market Weakness (+75) - SP400-4530 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP400-4530 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP400-4530?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-4530.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-4530
The long-term trend has been DOWN since May 4th, 2023 at 2911.75
The intermediate-term trend has been UP since May 22nd, 2023 at 3087.71
The short-term trend has been UP since Jun 7th, 2023 at 3207.03
Smart Scan Analysis for SP400-4530
Based on our trend formula, SP400-4530 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1420.92||52wk High Date||2018-03-13|
|52wk Low||1047.4||52wk Low Date||2018-10-24|