Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
S&P 500 Semiconductor Equipment (Sub Ind) (CME:SP500-45301010)
Long-Term Uptrend (+90) - SP500-45301010 is in a strong uptrend that is likely to continue. While SP500-45301010 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 SP500-45301010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45301010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45301010
The long-term trend has been UP since Jun 4th, 2020 at 1426.82
The intermediate-term trend has been UP since Nov 4th, 2020 at 1697.34
The short-term trend has been UP since Oct 29th, 2020 at 1581.41
Smart Scan Analysis for SP500-45301010
Based on our trend formula, SP500-45301010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1258.45||52wk High Date||2018-03-13|
|52wk Low||688.87||52wk Low Date||2018-10-29|