Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
S&P 500 Dividend Points Index (CME:SP500DIV)
Bull Market Weakness (+75) - SP500DIV is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500DIV as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500DIV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500DIV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500DIV
The long-term trend has been DOWN since Mar 23rd, 2020 at 0.23
The intermediate-term trend has been UP since Oct 19th, 2020 at 3.72
The short-term trend has been UP since Sep 25th, 2020 at 0.58
Smart Scan Analysis for SP500DIV
Based on our trend formula, SP500DIV is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.84||52wk High Date||2018-09-21|
|52wk Low||0.03||52wk Low Date||2018-03-19|