Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
S&P 600 Paper Products (Sub Ind) (CME:SP600-15105020)
Long-Term Uptrend (+90) - SP600-15105020 is in a strong uptrend that is likely to continue. While SP600-15105020 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 SP600-15105020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-15105020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-15105020
The long-term trend has been UP since Dec 4th, 2020 at 256.30
The intermediate-term trend has been UP since May 4th, 2021 at 313.60
The short-term trend has been UP since May 3rd, 2021 at 307.39
Smart Scan Analysis for SP600-15105020
Based on our trend formula, SP600-15105020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||360.15||52wk High Date||2018-01-29|
|52wk Low||251.84||52wk Low Date||2018-11-28|