Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

S&P Aerospace & Defense Select Industry Index (CME:SPSIAD)

Countertrend Up (+85) - SPSIAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPSIAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPSIAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPSIAD
Open High Low SPSIAD Price Change
17879.48 17879.48 17671.73 17839.19 -40.29
Entry Signal

MarketClub’s Trade Triangles for SPSIAD

long term up The long-term trend has been UP since Sep 4th, 2019 at 16448.87

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2020 at 17889.62

short term down The short-term trend has been DOWN since Feb 18th, 2020 at 18090.29

Smart Scan Analysis for SPSIAD

Based on our trend formula, SPSIAD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPSIAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17879.48 17879.48 17671.73 17839.19 -40.29
Prev. Close Volume Bid Ask Time
17421.93 0 2020-02-21 16:19:30
52wk High15370.8552wk High Date2018-09-19
52wk Low12179.2352wk Low Date2017-12-01
Get a free daily analysis and signals for S&P Aerospace & Defense Select Industry Index (SPSIAD) - Request Your Free Report.