Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
S&P 500 Automotive Retail (Sub Ind) (CME:SP500-25504050)
Countertrend Up (+85) - SP500-25504050 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500-25504050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25504050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-25504050
The long-term trend has been UP since Aug 1st, 2022 at 1712.51
The intermediate-term trend has been UP since Jun 24th, 2022 at 1636.83
The short-term trend has been DOWN since Aug 19th, 2022 at 1793.47
Smart Scan Analysis for SP500-25504050
Based on our trend formula, SP500-25504050 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1794.24 | 1799.45 | 1783.12 | 1796.88 | -2.90 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1799.78 | 2058989 | 2022-08-19 16:19:53 |
| 52wk High | 903.33 | 52wk High Date | 2018-11-29 |
| 52wk Low | 613.89 | 52wk Low Date | 2018-04-20 |