Index Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
S&P 500 Beverages (Industry) (CME:SP500-302010)
Long-Term Uptrend (+90) - SP500-302010 is in a strong uptrend that is likely to continue. While SP500-302010 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-302010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-302010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-302010
The long-term trend has been UP since Apr 19th, 2021 at 739.46
The intermediate-term trend has been UP since Mar 8th, 2021 at 695.68
The short-term trend has been UP since May 3rd, 2021 at 742.78
Smart Scan Analysis for SP500-302010
Based on our trend formula, SP500-302010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||643.88||52wk High Date||2018-01-29|
|52wk Low||539.75||52wk Low Date||2018-05-15|