Index Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
S&P 600 Automobiles (Industry) (CME:SP600-251020)
Sidelines Mode (+55) - SP600-251020 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 SP600-251020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-251020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-251020
The long-term trend has been DOWN since Jan 21st, 2022 at 359.37
The intermediate-term trend has been UP since Jun 23rd, 2022 at 288.19
The short-term trend has been DOWN since Jun 29th, 2022 at 285.58
Smart Scan Analysis for SP600-251020
Based on our trend formula, SP600-251020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||331.54||52wk High Date||2017-12-20|
|52wk Low||133.92||52wk Low Date||2018-11-28|