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Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
S&P Composite 1500 Paper & Forest Products (Industry) (CME:SP1500-151050)
Weak Downtrend (-65) - SP1500-151050 is showing signs of a strengthening downtrend. Monitor SP1500-151050 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-151050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-151050.
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 SP1500-151050
The long-term trend has been UP since Dec 1st, 2023 at 310.01
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 365.47
The short-term trend has been DOWN since Apr 2nd, 2024 at 393.20
Smart Scan Analysis for SP1500-151050
Based on our trend formula, SP1500-151050 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 350.57 | 357.88 | 350.57 | 355.07 | +3.28 |
| Prev. Close | Volume | Bid | Ask | Time |
| 355.07 | 1791215 | 2024-04-19 16:20:12 |
| 52wk High | 260.31 | 52wk High Date | 2018-01-29 |
| 52wk Low | 189.86 | 52wk Low Date | 2018-11-28 |