Index Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
S&P 500 Hotel & Resort REITs (Sub Ind) (CME:SP500-60101030)
Sidelines Mode (-55) - SP500-60101030 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 SP500-60101030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-60101030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-60101030
The long-term trend has been UP since Nov 9th, 2020 at 63.80
The intermediate-term trend has been DOWN since May 11th, 2021 at 85.63
The short-term trend has been UP since May 14th, 2021 at 87.85
Smart Scan Analysis for SP500-60101030
Based on our trend formula, SP500-60101030 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||114.08||52wk High Date||2018-06-07|
|52wk Low||91.87||52wk Low Date||2018-03-23|