Index Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
S&P 500 Integrated Telecommunication Services (Sub Ind) (CME:SP500-50101020)
Sidelines Mode (-55) - SP500-50101020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-50101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-50101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-50101020
The long-term trend has been DOWN since Jul 8th, 2021 at 151.85
The intermediate-term trend has been DOWN since Jul 20th, 2022 at 136.89
The short-term trend has been UP since Aug 12th, 2022 at 124.24
Smart Scan Analysis for SP500-50101020
Based on our trend formula, SP500-50101020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||177.02||52wk High Date||2018-02-01|
|52wk Low||145.38||52wk Low Date||2018-05-09|