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Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)
Weak Uptrend (+65) - SP500-3020 is showing signs of weakening momentum to the upside. Monitor SP500-3020 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-3020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.
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 SP500-3020
The long-term trend has been UP since Dec 13th, 2021 at 788.18
The intermediate-term trend has been DOWN since May 2nd, 2022 at 857.15
The short-term trend has been UP since May 24th, 2022 at 841.50
Smart Scan Analysis for SP500-3020
Based on our trend formula, SP500-3020 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 858.57 | 859.71 | 854.36 | 855.39 | -0.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 855.73 | 47247778 | 2022-05-27 14:37:38 |
| 52wk High | 742.94 | 52wk High Date | 2018-01-29 |
| 52wk Low | 604.67 | 52wk Low Date | 2018-05-15 |