Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
S&P 500 Food & Staples Retailing (Industry Group) (CME:SP500-3010)
Sidelines Mode (+55) - SP500-3010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-3010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-3010
The long-term trend has been DOWN since Feb 26th, 2021 at 531.24
The intermediate-term trend has been UP since Mar 23rd, 2021 at 550.56
The short-term trend has been DOWN since Apr 9th, 2021 at 573.26
Smart Scan Analysis for SP500-3010
Based on our trend formula, SP500-3010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||460.9||52wk High Date||2018-11-12|
|52wk Low||355.37||52wk Low Date||2018-04-02|