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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P Composite 1500 Railroads (Sub Ind) (CME:SP1500-20304010)

Strong Downtrend (-100) - SP1500-20304010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP1500-20304010 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP1500-20304010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20304010.

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

CME_SP1500-20304010
Open High Low SP1500-20304010 Price Change
3062.04 3091.46 3050.63 3060.17 +11.88
Entry Signal

MarketClub’s Trade Triangles for SP1500-20304010

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 3052.04

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 3255.15

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 3211.28

Smart Scan Analysis for SP1500-20304010

Based on our trend formula, SP1500-20304010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP1500-20304010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3062.04 3091.46 3050.63 3060.17 +11.88
Prev. Close Volume Bid Ask Time
3048.29 27380118 2024-04-18 16:19:42
52wk High2160.6252wk High Date2018-10-01
52wk Low1541.8152wk Low Date2018-02-09
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