Index Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
S&P U.S. High Quality Preferred Stock Index (CME:SPPHQUP)
Crossroads (-60) - SPPHQUP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jan 12th, 2021 at 839.22
The intermediate-term trend has been UP since Mar 11th, 2021 at 844.70
The short-term trend has been UP since May 5th, 2021 at 854.69
Smart Scan Analysis for SPPHQUP
Based on our trend formula, SPPHQUP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).