Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
S&P 500 Diversified Telecommunication Services (Industry) (CME:SP500-501010)
Countertrend Down (-85) - SP500-501010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP500-501010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-501010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-501010
The long-term trend has been DOWN since Jul 8th, 2021 at 147.24
The intermediate-term trend has been DOWN since May 18th, 2021 at 153.06
The short-term trend has been UP since Nov 22nd, 2021 at 133.61
Smart Scan Analysis for SP500-501010
Based on our trend formula, SP500-501010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||171.94||52wk High Date||2018-02-01|
|52wk Low||142.36||52wk Low Date||2018-05-09|