Index Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
S&P U.S. Preferred Stock Index (CME:SPPREF)
Long-Term Uptrend (+90) - SPPREF is in a strong uptrend that is likely to continue. While SPPREF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jul 16th, 2020 at 734.85
The short-term trend has been UP since Aug 10th, 2020 at 760.95
Smart Scan Analysis for SPPREF
Based on our trend formula, SPPREF is rated as a +90 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|