Index Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
S&P 500 Semiconductors (Sub Ind) (CME:SP500-45301020)
Long-Term Uptrend (+90) - SP500-45301020 is in a strong uptrend that is likely to continue. While SP500-45301020 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 SP500-45301020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45301020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45301020
The long-term trend has been UP since Dec 1st, 2022 at 1712.99
The intermediate-term trend has been UP since Jan 9th, 2023 at 1619.46
The short-term trend has been UP since Jan 23rd, 2023 at 1725.32
Smart Scan Analysis for SP500-45301020
Based on our trend formula, SP500-45301020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1076.14||52wk High Date||2018-06-07|
|52wk Low||817.88||52wk Low Date||2018-11-20|