Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
S&P 500 - Pharmaceuticals (Sub Ind) (CME:SP500-35202010)
Strong Uptrend (+100) - SP500-35202010 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-35202010 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP500-35202010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-35202010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-35202010
The long-term trend has been UP since Apr 5th, 2022 at 965.89
The intermediate-term trend has been UP since May 17th, 2022 at 977.72
The short-term trend has been UP since May 23rd, 2022 at 976.99
Smart Scan Analysis for SP500-35202010
Based on our trend formula, SP500-35202010 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||718.21||52wk High Date||2018-11-29|
|52wk Low||577.41||52wk Low Date||2018-05-03|