Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
S&P 500 Road & Rail (Industry) (CME:SP500-203040)
Weak Downtrend (-65) - SP500-203040 is showing signs of a strengthening downtrend. Monitor SP500-203040 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-203040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-203040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-203040
The long-term trend has been UP since Oct 15th, 2021 at 2781.84
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 2949.74
The short-term trend has been DOWN since Jan 10th, 2022 at 3058.68
Smart Scan Analysis for SP500-203040
Based on our trend formula, SP500-203040 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1866.95||52wk High Date||2018-10-01|
|52wk Low||1346.57||52wk Low Date||2018-02-09|