Index Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
S&P 500 Telecommunication Services (Industry Group) (TR) (CME:SP500-5010TR)
Crossroads (+60) - SP500-5010TR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-5010TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5010TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-5010TR
The long-term trend has been UP since Nov 10th, 2020 at 441.93
The intermediate-term trend has been DOWN since Dec 21st, 2020 at 441.42
The short-term trend has been DOWN since Feb 23rd, 2021 at 431.07
Smart Scan Analysis for SP500-5010TR
Based on our trend formula, SP500-5010TR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||409.88||52wk High Date||2018-02-01|
|52wk Low||344.17||52wk Low Date||2018-05-09|