Index Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
S&P 600 Food Beverage & Tobacco (Industry Group) (CME:SP600-3020)
Strong Uptrend (+100) - SP600-3020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP600-3020 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 SP600-3020?
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 Aug 1st, 2022 at 2891.96
The intermediate-term trend has been UP since Jun 27th, 2022 at 2820.29
The short-term trend has been UP since Aug 11th, 2022 at 2943.66
Smart Scan Analysis for SP600-3020
Based on our trend formula, SP600-3020 is rated as a +100 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|