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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.

CME_SP600-402040
Open High Low SP600-402040 Price Change
37.08 37.20 36.62 36.89 -0.25
Entry Signal

MarketClub’s Trade Triangles for SP600-402040

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 75.07

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2020 at 35.78

short term down 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).

-100
Smart Scan Analysis for SP600-402040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.08 37.20 36.62 36.89 -0.25
Prev. Close Volume Bid Ask Time
37.91 11668703 2020-10-21 17:09:01
52wk High83.3452wk High Date2017-12-18
52wk Low71.6452wk Low Date2018-02-06
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