Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
S&P 600 - Biotechnology (Industry) (CME:SP600-352010)
Strong Downtrend (-100) - SP600-352010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP600-352010 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP600-352010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-352010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-352010
The long-term trend has been DOWN since Dec 1st, 2021 at 3501.50
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 3274.13
The short-term trend has been DOWN since Jan 27th, 2022 at 2809.28
Smart Scan Analysis for SP600-352010
Based on our trend formula, SP600-352010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2748.33||52wk High Date||2018-08-30|
|52wk Low||1757.41||52wk Low Date||2017-12-06|