Short-Term
Trend
When the stock trades
above the 20-SMA, it is considered to be in a short-term uptrend. When it trades below the 20-SMA, the short-term
trend is considered down.
Benchmark
|
Symbol
|
Price
|
20-SMA
|
Market
Trend
|
S&P 500
|
SPY
|
206.52
|
208.24
|
Downtrend
|
Dow 30
|
DIA
|
176.52
|
177.41
|
Downtrend
|
Russell 2000
|
IWM
|
114.06
|
114.95
|
Downtrend
|
Nasdaq 100
|
QQQ
|
106.49
|
108.72
|
Downtrend
|
Intermediate
Trend
The 50-SMA is considered a
measure of the intermediate trend of the market. This one is very important for market timing
and is often used as a place where you enter the market.
Benchmark
|
Symbol
|
Price
|
50-SMA
|
Market
Trend
|
S&P 500
|
SPY
|
206.52
|
206.83
|
Downtrend
|
Dow 30
|
DIA
|
176.52
|
177.47
|
Downtrend
|
Russell 2000
|
IWM
|
114.06
|
113.00
|
Uptrend
|
Nasdaq 100
|
QQQ
|
106.49
|
107.94
|
Downtrend
|
Long-Term
Trend
The “big dog” of moving
averages is the 100-day moving average.
If the index is trading above that level, the long-term trend is
considered up; generally, the 100-day moving average is seen as a proxy for the
long-term trend.
Benchmark
|
Symbol
|
Price
|
100-SMA
|
Market
Trend
|
S&P 500
|
SPY
|
206.52
|
201.15
|
Uptrend
|
Dow 30
|
DIA
|
176.52
|
172.66
|
Uptrend
|
Russell 2000
|
IWM
|
114.06
|
108.56
|
Uptrend
|
Nasdaq 100
|
QQQ
|
106.49
|
105.92
|
Uptrend
|
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