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.
MarketClub’s Trade Triangles for SP600-60101040
The long-term trend has been DOWN since Jan 24th, 2022 at 31.87
The intermediate-term trend has been DOWN since Apr 5th, 2022 at 32.17
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).
|52wk High||56.75||52wk High Date||2017-12-04|
|52wk Low||34.08||52wk Low Date||2018-11-28|