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Index Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
S&P 500 Food Distributors (Sub Ind) (CME:SP500-30101020)
Weak Downtrend (-65) - SP500-30101020 is showing signs of a strengthening downtrend. Monitor SP500-30101020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-30101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30101020.
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 SP500-30101020
The long-term trend has been UP since Feb 9th, 2022 at 980.22
The intermediate-term trend has been DOWN since Aug 1st, 2022 at 1014.04
The short-term trend has been DOWN since Aug 9th, 2022 at 1020.28
Smart Scan Analysis for SP500-30101020
Based on our trend formula, SP500-30101020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 993.41 | 1000.49 | 983.58 | 986.57 | +6.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 986.57 | 2222355 | 2022-08-11 16:20:08 |
| 52wk High | 911.26 | 52wk High Date | 2018-08-24 |
| 52wk Low | 671.75 | 52wk Low Date | 2018-02-06 |