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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P 400 Gas Utilities (Industry) (CME:SP400-551020)

Sidelines Mode (-55) - SP400-551020 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 SP400-551020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-551020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP400-551020
Open High Low SP400-551020 Price Change
855.74 865.39 849.69 850.64 -1.42
Entry Signal

MarketClub’s Trade Triangles for SP400-551020

long term down The long-term trend has been DOWN since Aug 5th, 2019 at 1079.66

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 844.76

short term down The short-term trend has been DOWN since May 29th, 2020 at 840.34

Smart Scan Analysis for SP400-551020

Based on our trend formula, SP400-551020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP400-551020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
855.74 865.39 849.69 850.64 -1.42
Prev. Close Volume Bid Ask Time
801.98 2108237 2020-06-02 14:39:09
52wk High1136.3552wk High Date2018-11-20
52wk Low884.5152wk Low Date2018-02-06
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