Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
S&P 500 Automobiles (Industry) (CME:SP500-251020)
Weak Downtrend (-65) - SP500-251020 is showing signs of a strengthening downtrend. Monitor SP500-251020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-251020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-251020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-251020
The long-term trend has been UP since Aug 2nd, 2021 at 102.24
The intermediate-term trend has been DOWN since Jan 19th, 2022 at 140.64
The short-term trend has been DOWN since Jan 14th, 2022 at 146.63
Smart Scan Analysis for SP500-251020
Based on our trend formula, SP500-251020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||120.87||52wk High Date||2018-01-16|
|52wk Low||78.04||52wk Low Date||2018-10-24|