Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
S&P Total Market Index (TMI) Utilities (US Dollar) (CME:SPTMUTUP)
Countertrend Down (-85) - SPTMUTUP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SPTMUTUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPTMUTUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPTMUTUP
The long-term trend has been DOWN since Oct 6th, 2022 at 2709.57
The intermediate-term trend has been DOWN since May 2nd, 2023 at 2829.09
The short-term trend has been UP since Jun 2nd, 2023 at 2696.80
Smart Scan Analysis for SPTMUTUP
Based on our trend formula, SPTMUTUP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2713.71 | 2720.86 | 2696.97 | 2705.44 | +0.90 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2704.54 | 0 | 2023-06-06 16:19:53 |
| 52wk High | 2669.34 | 52wk High Date | 2017-12-06 |
| 52wk Low | 1999.83 | 52wk Low Date | 2018-02-06 |