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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P Composite 1500 Construction Materials (Industry) (CME:SP1500-151020)

Weak Downtrend (-65) - SP1500-151020 is showing signs of a strengthening downtrend. Monitor SP1500-151020 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP1500-151020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-151020.

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

CME_SP1500-151020
Open High Low SP1500-151020 Price Change
2500.17 2517.47 2484.48 2484.48 -6.20
Entry Signal

MarketClub’s Trade Triangles for SP1500-151020

long term up The long-term trend has been UP since Dec 11th, 2023 at 2046.29

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 2559.50

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 2548.94

Smart Scan Analysis for SP1500-151020

Based on our trend formula, SP1500-151020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP1500-151020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2500.17 2517.47 2484.48 2484.48 -6.20
Prev. Close Volume Bid Ask Time
2490.68 248689 2024-04-19 11:04:42
52wk High1200.4752wk High Date2018-01-26
52wk Low710.0252wk Low Date2018-10-29
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