Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P 600 Multi Utilities (Industry) (CME:SP600-551030)
Weak Downtrend (-65) - SP600-551030 is showing signs of a strengthening downtrend. Monitor SP600-551030 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP600-551030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-551030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-551030
The long-term trend has been DOWN since Mar 20th, 2020 at 199.17
The intermediate-term trend has been DOWN since Mar 20th, 2020 at 199.17
The short-term trend has been DOWN since May 29th, 2020 at 188.98
Smart Scan Analysis for SP600-551030
Based on our trend formula, SP600-551030 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||259.37||52wk High Date||2018-07-02|
|52wk Low||233.39||52wk Low Date||2018-03-07|