Mutual Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
INDEX FUNDS S&P 500 EQUAL WEIGHT (NASDAQ:INDEX)
Strong Downtrend (-100) - INDEX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, INDEX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid INDEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for INDEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INDEX
The long-term trend has been DOWN since Jan 21st, 2022 at 45.64
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 47.96
The short-term trend has been DOWN since Jan 14th, 2022 at 48.22
Smart Scan Analysis for INDEX
Based on our trend formula, INDEX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||49.09||52wk High Date||2021-11-16|
|52wk Low||37.93||52wk Low Date||2021-01-29|
|Year End Close||30.36||Payment Date||2019-12-18|