Index Trend Analysis Report
Prepared for you on Sunday, August 7, 2022.
S&P 500 Packaged Foods & Meats (Sub Ind) (CME:SP500-30202030)
Sidelines Mode (+55) - SP500-30202030 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 SP500-30202030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30202030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-30202030
The long-term trend has been DOWN since Jun 14th, 2022 at 602.86
The intermediate-term trend has been UP since Jul 28th, 2022 at 655.83
The short-term trend has been DOWN since Aug 4th, 2022 at 657.38
Smart Scan Analysis for SP500-30202030
Based on our trend formula, SP500-30202030 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||578.13||52wk High Date||2018-01-25|
|52wk Low||464.56||52wk Low Date||2018-05-03|