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Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
S&P 600 Homebuilding (Sub Ind) (CME:SP600-25201030)
Long-Term Downtrend (-90) - SP600-25201030 is in a strong downtrend that is likely to continue. While SP600-25201030 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP600-25201030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-25201030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP600-25201030
The long-term trend has been DOWN since Jan 24th, 2022 at 1482.90
The intermediate-term trend has been DOWN since May 11th, 2022 at 1167.90
The short-term trend has been DOWN since May 20th, 2022 at 1205.43
Smart Scan Analysis for SP600-25201030
Based on our trend formula, SP600-25201030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1241.15 | 1244.42 | 1200.78 | 1213.30 | -14.46 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1227.76 | 1484215 | 2022-05-23 14:25:56 |
| 52wk High | 884.24 | 52wk High Date | 2018-01-09 |
| 52wk Low | 543.5 | 52wk Low Date | 2018-10-23 |