Index Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
S&P 400 Multi Utilities (Sub Ind) (CME:SP400-55103010)
Sidelines Mode (-55) - SP400-55103010 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 SP400-55103010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-55103010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-55103010
The long-term trend has been DOWN since Mar 10th, 2023 at 348.27
The intermediate-term trend has been DOWN since Jan 18th, 2023 at 381.07
The short-term trend has been UP since Mar 16th, 2023 at 355.40
Smart Scan Analysis for SP400-55103010
Based on our trend formula, SP400-55103010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||387.45||52wk High Date||2018-07-06|
|52wk Low||318.1||52wk Low Date||2018-02-06|