Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P 500 Packaged Foods & Meats (Sub Ind) (CME:SP500-30202030)
Countertrend Down (-85) - SP500-30202030 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Feb 27th, 2020 at 530.14
The intermediate-term trend has been DOWN since May 4th, 2020 at 514.98
The short-term trend has been UP since May 26th, 2020 at 527.65
Smart Scan Analysis for SP500-30202030
Based on our trend formula, SP500-30202030 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 526.98 | 528.09 | 523.00 | 523.47 | +2.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 502.34 | 14067725 | 2020-05-26 12:41:23 |
| 52wk High | 578.13 | 52wk High Date | 2018-01-25 |
| 52wk Low | 464.56 | 52wk Low Date | 2018-05-03 |