Index Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
S&P 400 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP400-4530)
Crossroads (+60) - SP400-4530 is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Feb 27th, 2020 at 1674.70
The intermediate-term trend has been UP since Apr 7th, 2020 at 1549.83
The short-term trend has been UP since Apr 6th, 2020 at 1458.04
Smart Scan Analysis for SP400-4530
Based on our trend formula, SP400-4530 is rated as a +60 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|