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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.
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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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 656.73 | 660.73 | 651.80 | 660.55 | +2.74 |
| Prev. Close | Volume | Bid | Ask | Time |
| 660.55 | 24190421 | 2022-08-05 17:04:33 |
| 52wk High | 578.13 | 52wk High Date | 2018-01-25 |
| 52wk Low | 464.56 | 52wk Low Date | 2018-05-03 |