Index Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
S&P 400 Gas Utilities (Industry) (CME:SP400-551020)
Strong Downtrend (-100) - SP400-551020 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP400-551020 continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SP400-551020
The long-term trend has been DOWN since Sep 21st, 2022 at 973.57
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 957.15
The short-term trend has been DOWN since Mar 22nd, 2023 at 912.04
Smart Scan Analysis for SP400-551020
Based on our trend formula, SP400-551020 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1136.35||52wk High Date||2018-11-20|
|52wk Low||884.51||52wk Low Date||2018-02-06|