Index Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
S&P 600 Construction & Engineering (Industry) (CME:SP600-201030)
Bear Market Rally (-75) - SP600-201030 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP600-201030 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP600-201030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-201030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-201030
The long-term trend has been DOWN since Jan 21st, 2022 at 734.23
The intermediate-term trend has been DOWN since Jun 14th, 2022 at 716.20
The short-term trend has been UP since Jun 23rd, 2022 at 674.43
Smart Scan Analysis for SP600-201030
Based on our trend formula, SP600-201030 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||530.99||52wk High Date||2018-07-27|
|52wk Low||392.8||52wk Low Date||2018-04-02|