Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Bull Market Weakness (+75) - SPTEST2 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPTEST2 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPTEST2?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPTEST2.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPTEST2
The long-term trend has been DOWN since Feb 25th, 2020 at 1330.16
The intermediate-term trend has been UP since Apr 7th, 2020 at 1083.39
The short-term trend has been UP since May 26th, 2020 at 1148.38
Smart Scan Analysis for SPTEST2
Based on our trend formula, SPTEST2 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1494.61||52wk High Date||2018-01-25|
|52wk Low||1197.35||52wk Low Date||2018-10-26|