Index Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
S&P 600 Tobacco (Industry) (CME:SP600-302030)
Long-Term Downtrend (-90) - SP600-302030 is in a strong downtrend that is likely to continue. While SP600-302030 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 SP600-302030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-302030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-302030
The long-term trend has been DOWN since Mar 17th, 2023 at 24.70
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 26.71
The short-term trend has been DOWN since Mar 23rd, 2023 at 24.84
Smart Scan Analysis for SP600-302030
Based on our trend formula, SP600-302030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26.68||52wk High Date||2018-11-09|
|52wk Low||15.96||52wk Low Date||2018-02-06|