Index Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
S&P / Harel Health Care Index TR (CME:SPHLHCIT)
Long-Term Downtrend (-90) - SPHLHCIT is in a strong downtrend that is likely to continue. While SPHLHCIT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPHLHCIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPHLHCIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPHLHCIT
The long-term trend has been DOWN since May 11th, 2021 at 665.34
The intermediate-term trend has been DOWN since Jan 20th, 2022 at 577.27
The short-term trend has been DOWN since Jan 17th, 2022 at 584.14
Smart Scan Analysis for SPHLHCIT
Based on our trend formula, SPHLHCIT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||710.13||52wk High Date||2018-07-18|
|52wk Low||545.04||52wk Low Date||2018-04-25|