Index Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
S&P 500 Water Utilities (Industry) (CME:SP500-551040)
Weak Downtrend (-65) - SP500-551040 is showing signs of a strengthening downtrend. Monitor SP500-551040 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-551040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-551040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-551040
The long-term trend has been DOWN since Mar 12th, 2020 at 172.84
The intermediate-term trend has been DOWN since May 4th, 2020 at 174.60
The short-term trend has been UP since May 26th, 2020 at 179.75
Smart Scan Analysis for SP500-551040
Based on our trend formula, SP500-551040 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||139.1||52wk High Date||2018-11-19|
|52wk Low||112.02||52wk Low Date||2018-02-08|