Index Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
S&P U.S. Floating Rate Preferred Stock Index (CME:SPPREFR)
Strong Uptrend (+100) - SPPREFR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPPREFR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPPREFR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPPREFR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPPREFR
The long-term trend has been UP since Aug 2nd, 2022 at 748.93
The intermediate-term trend has been UP since Jul 6th, 2022 at 712.96
The short-term trend has been UP since Aug 11th, 2022 at 774.12
Smart Scan Analysis for SPPREFR
Based on our trend formula, SPPREFR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||862.54||52wk High Date||2018-07-06|
|52wk Low||724.1||52wk Low Date||2018-11-29|