Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P 500 Hotel & Resort REITs (Sub Ind) (CME:SP500-60101030)
Bear Market Rally (-75) - SP500-60101030 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-60101030 as it may be in the beginning of a reversal.
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 DOWN since Feb 25th, 2020 at 83.37
The intermediate-term trend has been DOWN since May 11th, 2020 at 53.17
The short-term trend has been DOWN since May 22nd, 2020 at 58.04
Smart Scan Analysis for SP500-60101030
Based on our trend formula, SP500-60101030 is rated as a -80 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|