Index Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
S&P 500 Semiconductor & Semiconductor Equipment (Industry) (CME:SP500-453010)
Weak Downtrend (-65) - SP500-453010 is showing signs of a strengthening downtrend. Monitor SP500-453010 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-453010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-453010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-453010
The long-term trend has been UP since Jun 2nd, 2020 at 1297.80
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 2457.21
The short-term trend has been DOWN since Jan 14th, 2022 at 2482.20
Smart Scan Analysis for SP500-453010
Based on our trend formula, SP500-453010 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1095.24||52wk High Date||2018-06-07|
|52wk Low||826.22||52wk Low Date||2018-11-20|