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Index Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

S&P U.S. Preferred Stock Index (CME:SPPREF)

Sidelines Mode (-55) - SPPREF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPPREF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPPREF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPPREF
Open High Low SPPREF Price Change
813.07 814.80 813.07 814.71 +1.64
Entry Signal

MarketClub’s Trade Triangles for SPPREF

long term down The long-term trend has been DOWN since Sep 28th, 2021 at 809.33

intermediate term down The intermediate-term trend has been DOWN since Sep 28th, 2021 at 812.94

short term up The short-term trend has been UP since Oct 11th, 2021 at 806.83

Smart Scan Analysis for SPPREF

Based on our trend formula, SPPREF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPPREF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
813.07 814.80 813.07 814.71 +1.64
Prev. Close Volume Bid Ask Time
814.71 0 2021-10-25 17:26:40
52wk High802.7652wk High Date2017-12-08
52wk Low730.7152wk Low Date2018-11-29
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