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Index Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
S&P North American Technology Sector Index (CME:SPGSTI)
Bull Market Weakness (+75) - SPGSTI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSTI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGSTI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSTI.
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 SPGSTI
The long-term trend has been UP since Jun 2nd, 2020 at 1086.28
The intermediate-term trend has been UP since Oct 1st, 2020 at 1280.38
The short-term trend has been DOWN since Oct 15th, 2020 at 1308.18
Smart Scan Analysis for SPGSTI
Based on our trend formula, SPGSTI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1303.18 | 1308.17 | 1283.28 | 1301.57 | -1.61 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1258.61 | 0 | 2020-10-22 16:19:15 |
| 52wk High | 863.15 | 52wk High Date | 2018-10-01 |
| 52wk Low | 666.59 | 52wk Low Date | 2017-12-05 |