Index Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
S&P 400 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP400-4530)
Sidelines Mode (-55) - SP400-4530 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Oct 19th, 2021 at 3605.33
The intermediate-term trend has been DOWN since Nov 24th, 2021 at 4060.46
The short-term trend has been UP since Nov 22nd, 2021 at 4325.67
Smart Scan Analysis for SP400-4530
Based on our trend formula, SP400-4530 is rated as a -55 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|