Index Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
S&P U.S. High Quality Preferred Stock Index (CME:SPPHQUP)
Weak Downtrend (-65) - SPPHQUP is showing signs of a strengthening downtrend. Monitor SPPHQUP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPPHQUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPPHQUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPPHQUP
The long-term trend has been DOWN since Sep 14th, 2021 at 849.45
The intermediate-term trend has been DOWN since Jul 16th, 2021 at 856.71
The short-term trend has been UP since Oct 21st, 2021 at 850.60
Smart Scan Analysis for SPPHQUP
Based on our trend formula, SPPHQUP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).