Index Trend Analysis Report
Prepared for you on Sunday, January 24, 2021.
S&P 600 Food & Staples Retailing (Industry) (CME:SP600-301010)
Strong Uptrend (+100) - SP600-301010 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP600-301010 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP600-301010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-301010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-301010
The long-term trend has been UP since Jun 1st, 2020 at 542.60
The intermediate-term trend has been UP since Nov 16th, 2020 at 618.18
The short-term trend has been UP since Dec 30th, 2020 at 680.12
Smart Scan Analysis for SP600-301010
Based on our trend formula, SP600-301010 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||987.52||52wk High Date||2018-08-09|
|52wk Low||616.15||52wk Low Date||2018-05-08|