Index Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
S&P 500 Multi-Utilities (Industry) (CME:SP500-551030)
Sidelines Mode (+55) - SP500-551030 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 SP500-551030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-551030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-551030
The long-term trend has been UP since Dec 15th, 2021 at 43.69
The intermediate-term trend has been DOWN since Jan 24th, 2022 at 43.51
The short-term trend has been UP since Jan 27th, 2022 at 44.15
Smart Scan Analysis for SP500-551030
Based on our trend formula, SP500-551030 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||39.83||52wk High Date||2017-12-01|
|52wk Low||32.81||52wk Low Date||2018-06-07|