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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P Composite 1500 Building Products (Industry) (CME:SP1500-201020)

Sidelines Mode (+55) - SP1500-201020 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 SP1500-201020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-201020.

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

CME_SP1500-201020
Open High Low SP1500-201020 Price Change
1296.85 1319.31 1294.35 1317.64 +24.77
Entry Signal

MarketClub’s Trade Triangles for SP1500-201020

long term up The long-term trend has been UP since Dec 5th, 2023 at 1111.52

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1323.54

short term up The short-term trend has been UP since Apr 23rd, 2024 at 1312.01

Smart Scan Analysis for SP1500-201020

Based on our trend formula, SP1500-201020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP1500-201020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1296.85 1319.31 1294.35 1317.64 +24.77
Prev. Close Volume Bid Ask Time
1317.64 26041783 2024-04-23 16:19:42
52wk High612.2652wk High Date2018-01-26
52wk Low446.0752wk Low Date2018-10-30
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