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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P Composite 1500 Road & Rail (Industry) (CME:SP1500-203040)

Sidelines Mode (+55) - SP1500-203040 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 SP1500-203040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-203040.

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

CME_SP1500-203040
Open High Low SP1500-203040 Price Change
2870.67 2884.68 2841.34 2858.30 -9.20
Entry Signal

MarketClub’s Trade Triangles for SP1500-203040

long term up The long-term trend has been UP since Dec 1st, 2023 at 2647.65

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 3053.92

short term up The short-term trend has been UP since Apr 15th, 2024 at 3036.92

Smart Scan Analysis for SP1500-203040

Based on our trend formula, SP1500-203040 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP1500-203040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2870.67 2884.68 2841.34 2858.30 -9.20
Prev. Close Volume Bid Ask Time
2867.50 58251355 2024-04-19 16:20:12
52wk High1728.152wk High Date2018-10-01
52wk Low1291.7452wk Low Date2018-02-09
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