Index Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
S&P 500 Tobacco (Industry) (CME:SP500-302030)
Long-Term Uptrend (+90) - SP500-302030 is in a strong uptrend that is likely to continue. While SP500-302030 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 SP500-302030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-302030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-302030
The long-term trend has been UP since Jul 27th, 2020 at 867.26
The intermediate-term trend has been UP since Jul 13th, 2020 at 820.09
The short-term trend has been UP since Aug 5th, 2020 at 853.44
Smart Scan Analysis for SP500-302030
Based on our trend formula, SP500-302030 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1328.62||52wk High Date||2017-12-19|
|52wk Low||960.09||52wk Low Date||2018-07-19|