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.
MarketClub’s Trade Triangles for SPPREF
The long-term trend has been DOWN since Sep 28th, 2021 at 809.33
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 812.94
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).
|52wk High||802.76||52wk High Date||2017-12-08|
|52wk Low||730.71||52wk Low Date||2018-11-29|