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Index Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

S&P Composite 1500 Chemicals (Industry) (CME:SP1500-151010)

Sidelines Mode (-55) - SP1500-151010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP1500-151010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-151010.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP1500-151010
Open High Low SP1500-151010 Price Change
851.74 859.18 851.45 854.53 +3.70
Entry Signal

MarketClub’s Trade Triangles for SP1500-151010

long term up The long-term trend has been UP since Dec 14th, 2023 at 832.82

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 884.26

short term up The short-term trend has been UP since Apr 26th, 2024 at 856.76

Smart Scan Analysis for SP1500-151010

Based on our trend formula, SP1500-151010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-151010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
851.74 859.18 851.45 854.53 +3.70
Prev. Close Volume Bid Ask Time
854.53 44128610 2024-04-26 16:19:57
52wk High651.1552wk High Date2018-01-25
52wk Low482.0352wk Low Date2017-12-06
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