Index Trend Analysis Report
Prepared for you on Thursday, July 16, 2020.
S&P 400 - Residential REITs (Sub Ind) (CME:SP400-60101060)
Countertrend Down (-85) - SP400-60101060 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP400-60101060?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-60101060.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-60101060
The long-term trend has been DOWN since Feb 28th, 2020 at 148.92
The intermediate-term trend has been DOWN since Jun 24th, 2020 at 121.45
The short-term trend has been UP since Jul 13th, 2020 at 121.54
Smart Scan Analysis for SP400-60101060
Based on our trend formula, SP400-60101060 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||138.3||52wk High Date||2018-11-21|
|52wk Low||110.21||52wk Low Date||2018-02-12|