Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
S&P 600 Construction Materials (Industry) (CME:SP600-151020)
Strong Uptrend (+100) - SP600-151020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP600-151020 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP600-151020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-151020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-151020
The long-term trend has been UP since Aug 10th, 2020 at 957.62
The intermediate-term trend has been UP since Sep 30th, 2020 at 983.20
The short-term trend has been UP since Nov 24th, 2020 at 1235.89
Smart Scan Analysis for SP600-151020
Based on our trend formula, SP600-151020 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2830.24||52wk High Date||2017-12-11|
|52wk Low||908.1||52wk Low Date||2018-10-26|