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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P Composite 1500 Homebuilding (Sub Ind) (CME:SP1500-25201030)

Sidelines Mode (-55) - SP1500-25201030 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 SP1500-25201030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25201030.

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

CME_SP1500-25201030
Open High Low SP1500-25201030 Price Change
2353.38 2354.87 2300.88 2333.78 -48.23
Entry Signal

MarketClub’s Trade Triangles for SP1500-25201030

long term up The long-term trend has been UP since Nov 14th, 2023 at 1964.28

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2384.19

short term up The short-term trend has been UP since Apr 15th, 2024 at 2441.62

Smart Scan Analysis for SP1500-25201030

Based on our trend formula, SP1500-25201030 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-25201030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2353.38 2354.87 2300.88 2333.78 -48.23
Prev. Close Volume Bid Ask Time
2382.01 6059015 2024-04-16 11:39:42
52wk High959.3952wk High Date2018-01-24
52wk Low564.8952wk Low Date2018-10-23
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