Index Trend Analysis Report
Prepared for you on Thursday, October 22, 2020.
S&P 600 - Mortgage Real Estate Investment Trusts (REITs) (Industry) (CME:SP600-402040)
Strong Downtrend (-100) - SP600-402040 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP600-402040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-402040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-402040
The long-term trend has been DOWN since Feb 27th, 2020 at 75.07
The intermediate-term trend has been DOWN since Sep 23rd, 2020 at 35.78
The short-term trend has been DOWN since Oct 14th, 2020 at 38.03
Smart Scan Analysis for SP600-402040
Based on our trend formula, SP600-402040 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||83.34||52wk High Date||2017-12-18|
|52wk Low||71.64||52wk Low Date||2018-02-06|