Index Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
S&P 600 Construction Materials (Sub Ind) (CME:SP600-15102010)
Long-Term Uptrend (+90) - SP600-15102010 is in a strong uptrend that is likely to continue. While SP600-15102010 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP600-15102010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-15102010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-15102010
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 Dec 4th, 2020 at 1231.14
Smart Scan Analysis for SP600-15102010
Based on our trend formula, SP600-15102010 is rated as a +90 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|