Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
S&P ADR Index (CME:SPADR)
Bear Market Rally (-75) - SPADR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPADR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPADR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPADR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPADR
The long-term trend has been DOWN since Feb 24th, 2022 at 1706.66
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 1757.91
The short-term trend has been UP since May 13th, 2022 at 1615.42
Smart Scan Analysis for SPADR
Based on our trend formula, SPADR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1628.82 | 1652.63 | 1614.06 | 1641.60 | +12.78 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1628.82 | 0 | 2022-05-20 16:19:15 |
| 52wk High | 1753.89 | 52wk High Date | 2018-01-25 |
| 52wk Low | 1423.89 | 52wk Low Date | 2018-10-26 |