Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
S&P 600 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP600-4530)
Bull Market Weakness (+75) - SP600-4530 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP600-4530 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP600-4530?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-4530.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-4530
The long-term trend has been UP since Aug 2nd, 2021 at 1668.66
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 1851.65
The short-term trend has been UP since Jan 13th, 2022 at 1998.24
Smart Scan Analysis for SP600-4530
Based on our trend formula, SP600-4530 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||822.76||52wk High Date||2018-06-06|
|52wk Low||590.08||52wk Low Date||2018-10-26|