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.
MarketClub’s Trade Triangles for SP400-551020
The long-term trend has been DOWN since Aug 5th, 2019 at 1079.66
The intermediate-term trend has been UP since May 26th, 2020 at 844.76
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).
|52wk High||1136.35||52wk High Date||2018-11-20|
|52wk Low||884.51||52wk Low Date||2018-02-06|