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Index Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

S&P Composite 1500 Tires & Rubber (Sub Ind) (CME:SP1500-25101020)

Strong Downtrend (-100) - SP1500-25101020 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP1500-25101020 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP1500-25101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25101020.

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

CME_SP1500-25101020
Open High Low SP1500-25101020 Price Change
55.18 56.03 54.80 55.51 +0.47
Entry Signal

MarketClub’s Trade Triangles for SP1500-25101020

long term down The long-term trend has been DOWN since Feb 14th, 2024 at 53.19

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 57.90

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 55.08

Smart Scan Analysis for SP1500-25101020

Based on our trend formula, SP1500-25101020 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP1500-25101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.18 56.03 54.80 55.51 +0.47
Prev. Close Volume Bid Ask Time
55.51 2457642 2024-04-26 16:19:57
52wk High124.4252wk High Date2018-01-24
52wk Low68.4252wk Low Date2018-10-26
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