Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P Composite 1500 Regional Banks (Sub Ind) (CME:SP1500-40101015)
Countertrend Up (+85) - SP1500-40101015 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 SP1500-40101015?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40101015.
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 SP1500-40101015
The long-term trend has been UP since Dec 1st, 2023 at 91.92
The intermediate-term trend has been UP since May 3rd, 2024 at 102.44
The short-term trend has been DOWN since May 8th, 2024 at 101.86
Smart Scan Analysis for SP1500-40101015
Based on our trend formula, SP1500-40101015 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 101.79 | 103.44 | 101.73 | 103.38 | +0.74 |
| Prev. Close | Volume | Bid | Ask | Time |
| 103.38 | 93236161 | 2024-05-08 17:00:40 |
| 52wk High | 140.81 | 52wk High Date | 2018-03-12 |
| 52wk Low | 109.34 | 52wk Low Date | 2018-10-24 |