Index Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
S&P 500 Capital Goods (Industry Group) (CME:SP500-2010)
Weak Uptrend (+65) - SP500-2010 is showing signs of weakening momentum to the upside. Monitor SP500-2010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-2010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2010
The long-term trend has been UP since Aug 11th, 2020 at 670.16
The intermediate-term trend has been DOWN since Sep 10th, 2020 at 640.88
The short-term trend has been UP since Sep 14th, 2020 at 657.34
Smart Scan Analysis for SP500-2010
Based on our trend formula, SP500-2010 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||739.39||52wk High Date||2018-01-29|
|52wk Low||587.07||52wk Low Date||2018-10-29|