Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

S&P 600 - Office REITs (Sub Ind) (CME:SP600-60101040)

Countertrend Down (-85) - SP600-60101040 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP600-60101040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-60101040.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP600-60101040
Open High Low SP600-60101040 Price Change
27.31 27.61 27.09 27.47 +0.19
Entry Signal

MarketClub’s Trade Triangles for SP600-60101040

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 31.87

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2022 at 32.17

short term up The short-term trend has been UP since May 16th, 2022 at 27.34

Smart Scan Analysis for SP600-60101040

Based on our trend formula, SP600-60101040 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP600-60101040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.31 27.61 27.09 27.47 +0.19
Prev. Close Volume Bid Ask Time
27.28 4051895 2022-05-16 17:14:08
52wk High56.7552wk High Date2017-12-04
52wk Low34.0852wk Low Date2018-11-28
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