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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.

CME_SPPREF
Open High Low SPPREF Price Change
761.64 763.24 760.94 760.99 -0.65
Entry Signal

MarketClub’s Trade Triangles for SPPREF

long term up The long-term trend has been UP since Jul 29th, 2020 at 752.98

intermediate term up The intermediate-term trend has been UP since Jul 16th, 2020 at 734.85

short term up 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).

+90
Smart Scan Analysis for SPPREF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
761.64 763.24 760.94 760.99 -0.65
Prev. Close Volume Bid Ask Time
729.18 0 2020-08-11 16:20:00
52wk High802.7652wk High Date2017-12-08
52wk Low730.7152wk Low Date2018-11-29
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