Index Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
S&P 600 Industrial Machinery (Sub Ind) (CME:SP600-20106020)
Sidelines Mode (+55) - SP600-20106020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP600-20106020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-20106020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-20106020
The long-term trend has been UP since Jun 5th, 2020 at 976.89
The intermediate-term trend has been UP since Oct 20th, 2021 at 1432.30
The short-term trend has been DOWN since Nov 26th, 2021 at 1539.89
Smart Scan Analysis for SP600-20106020
Based on our trend formula, SP600-20106020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1231.66||52wk High Date||2018-09-21|
|52wk Low||962.51||52wk Low Date||2018-10-29|