Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P 400 Electric Utilities (Industry) (CME:SP400-551010)
Bull Market Weakness (+75) - SP400-551010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP400-551010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP400-551010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-551010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-551010
The long-term trend has been DOWN since Feb 27th, 2020 at 465.78
The intermediate-term trend has been UP since May 26th, 2020 at 376.21
The short-term trend has been UP since May 26th, 2020 at 371.55
Smart Scan Analysis for SP400-551010
Based on our trend formula, SP400-551010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||440.5||52wk High Date||2018-11-20|
|52wk Low||346.25||52wk Low Date||2018-02-06|