Index Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
S&P 600 Semiconductors (Sub Ind) (CME:SP600-45301020)
Strong Downtrend (-100) - SP600-45301020 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 SP600-45301020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-45301020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-45301020
The long-term trend has been DOWN since Feb 27th, 2020 at 973.07
The intermediate-term trend has been DOWN since Jan 30th, 2020 at 1111.07
The short-term trend has been DOWN since Feb 14th, 2020 at 1134.72
Smart Scan Analysis for SP600-45301020
Based on our trend formula, SP600-45301020 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||978.1||52wk High Date||2018-08-31|
|52wk Low||697.42||52wk Low Date||2018-10-26|