Index Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
S&P 600 Food Beverage & Tobacco (Industry Group) (CME:SP600-3020)
Weak Downtrend (-65) - SP600-3020 is showing signs of a strengthening downtrend. Monitor SP600-3020 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP600-3020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-3020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-3020
The long-term trend has been UP since Jun 5th, 2020 at 2178.61
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 2610.82
The short-term trend has been DOWN since Sep 8th, 2021 at 2713.15
Smart Scan Analysis for SP600-3020
Based on our trend formula, SP600-3020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2475.96||52wk High Date||2018-07-06|
|52wk Low||2031.14||52wk Low Date||2018-05-03|