Index Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
S&P 600 Automobiles & Components (Industry Group) (CME:SP600-2510)
Crossroads (+60) - SP600-2510 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP600-2510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-2510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-2510
The long-term trend has been UP since Oct 14th, 2021 at 339.47
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 337.06
The short-term trend has been DOWN since Nov 26th, 2021 at 348.53
Smart Scan Analysis for SP600-2510
Based on our trend formula, SP600-2510 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||298.87||52wk High Date||2018-08-27|
|52wk Low||224.33||52wk Low Date||2018-10-24|