Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P Composite 1500 Steel (Sub Ind) (CME:SP1500-15104050)
Weak Downtrend (-65) - SP1500-15104050 is showing signs of a strengthening downtrend. Monitor SP1500-15104050 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-15104050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15104050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP1500-15104050
The long-term trend has been UP since Nov 30th, 2023 at 391.97
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 460.20
The short-term trend has been DOWN since Apr 9th, 2024 at 469.55
Smart Scan Analysis for SP1500-15104050
Based on our trend formula, SP1500-15104050 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 436.04 | 441.62 | 432.09 | 432.49 | -22.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 432.49 | 48314983 | 2024-04-23 16:19:42 |
| 52wk High | 202.25 | 52wk High Date | 2018-02-20 |
| 52wk Low | 147.63 | 52wk Low Date | 2018-11-28 |