Analyze Symbol

Index Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

S&P 600 - Pharmaceuticals (Industry) (CME:SP600-352020)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SP600-352020
Open High Low SP600-352020 Price Change
10655.31 10739.92 10411.49 10476.70 -161.48
Entry Signal

MarketClub’s Trade Triangles for SP600-352020

long term down The long term trend has been DOWN since Oct 8th, 2018 at 14725.06

intermediate term up The intermediate term trend has been UP since Oct 18th, 2019 at 10716.12

short term up The short term trend has been UP since Oct 15th, 2019 at 10171.34

Smart Scan Analysis for SP600-352020

Based on a pre-defined weighted trend formula for chart analysis, SP600-352020 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SP600-352020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10655.31 10739.92 10411.49 10476.70 -161.48
Prev. Close Volume Bid Ask Time
10240.31 27639879 2019-10-18 17:08:57
52wk High16471.8000000052wk High Date2018-08-08
52wk Low9596.4700000052wk Low Date2017-12-06
Want to analyze S&P 600 - Pharmaceuticals (Industry) SP600-352020 or another symbol? Try our Free Index Trend Analysis Report.