Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
S&P 500 Airlines (Industry) (CME:SP500-203020)
Bull Market Weakness (+75) - SP500-203020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-203020 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-203020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-203020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-203020
The long-term trend has been DOWN since Oct 2nd, 2019 at 308.38
The intermediate-term trend has been UP since Aug 10th, 2020 at 168.32
The short-term trend has been UP since Aug 4th, 2020 at 155.48
Smart Scan Analysis for SP500-203020
Based on our trend formula, SP500-203020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 168.18 | 178.30 | 168.15 | 177.94 | +11.81 |
| Prev. Close | Volume | Bid | Ask | Time |
| 165.87 | 222499757 | 2020-08-10 17:12:11 |
| 52wk High | 393.95 | 52wk High Date | 2018-01-16 |
| 52wk Low | 303.4 | 52wk Low Date | 2018-06-28 |