Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
S&P U.S. Preferred Stock Index (CME:SPPREF)
Weak Downtrend (-65) - SPPREF is showing signs of a strengthening downtrend. Monitor SPPREF as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for SPPREF
The long-term trend has been UP since Jul 29th, 2020 at 752.98
The intermediate-term trend has been DOWN since Feb 18th, 2021 at 787.35
The short-term trend has been DOWN since Feb 11th, 2021 at 796.79
Smart Scan Analysis for SPPREF
Based on our trend formula, SPPREF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||802.76||52wk High Date||2017-12-08|
|52wk Low||730.71||52wk Low Date||2018-11-29|