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Index Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

S&P 600 - Mortgage Real Estate Investment Trusts (REITs) (Industry) (CME:SP600-402040)

Crossroads (+60) - SP600-402040 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
39.89 40.03 39.60 39.64 +0.25
Entry Signal

MarketClub’s Trade Triangles for SP600-402040

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 49.56

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 37.09

short term up The short-term trend has been UP since Aug 8th, 2022 at 39.75

Smart Scan Analysis for SP600-402040

Based on our trend formula, SP600-402040 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP600-402040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.89 40.03 39.60 39.64 +0.25
Prev. Close Volume Bid Ask Time
39.64 14832810 2022-08-10 17:27:52
52wk High83.3452wk High Date2017-12-18
52wk Low71.6452wk Low Date2018-02-06
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