Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P Composite 1500 Food Distributors (Sub Ind) (CME:SP1500-30101020)
Sidelines Mode (-55) - SP1500-30101020 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 SP1500-30101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-30101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP1500-30101020
The long-term trend has been UP since Dec 1st, 2023 at 799.32
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 899.82
The short-term trend has been UP since Apr 22nd, 2024 at 863.86
Smart Scan Analysis for SP1500-30101020
Based on our trend formula, SP1500-30101020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 860.82 | 864.53 | 857.34 | 862.89 | +0.99 |
| Prev. Close | Volume | Bid | Ask | Time |
| 861.90 | 4945958 | 2024-04-24 17:07:33 |
| 52wk High | 782.44 | 52wk High Date | 2018-08-24 |
| 52wk Low | 596.45 | 52wk Low Date | 2018-02-06 |