Index Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
S&P 600 Road & Rail (Industry) (CME:SP600-203040)
Long-Term Uptrend (+90) - SP600-203040 is in a strong uptrend that is likely to continue. While SP600-203040 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 SP600-203040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-203040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-203040
The long-term trend has been UP since Feb 1st, 2023 at 3099.49
The intermediate-term trend has been UP since Jan 17th, 2023 at 2842.60
The short-term trend has been UP since Jan 23rd, 2023 at 2885.12
Smart Scan Analysis for SP600-203040
Based on our trend formula, SP600-203040 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1413.09||52wk High Date||2018-01-26|
|52wk Low||1014.76||52wk Low Date||2018-10-26|