Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
S&P SmallCap 600 Capped Information Technology (sector) (CME:SP600C-45)
Sidelines Mode (+55) - SP600C-45 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP600C-45?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600C-45.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600C-45
The long-term trend has been UP since Dec 1st, 2022 at 1130.93
The intermediate-term trend has been DOWN since Feb 24th, 2023 at 1131.97
The short-term trend has been UP since Mar 21st, 2023 at 1115.44
Smart Scan Analysis for SP600C-45
Based on our trend formula, SP600C-45 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||785.12||52wk High Date||2018-08-31|
|52wk Low||622.6||52wk Low Date||2018-02-09|