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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P Composite 1500 Software (Industry) (CME:SP1500-451030)

Bull Market Weakness (+75) - SP1500-451030 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-451030 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-451030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-451030.

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

CME_SP1500-451030
Open High Low SP1500-451030 Price Change
6816.82 6862.99 6810.92 6843.99 +41.05
Entry Signal

MarketClub’s Trade Triangles for SP1500-451030

long term up The long-term trend has been UP since Nov 3rd, 2023 at 5860.23

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 6928.51

short term up The short-term trend has been UP since May 3rd, 2024 at 6672.08

Smart Scan Analysis for SP1500-451030

Based on our trend formula, SP1500-451030 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP1500-451030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6816.82 6862.99 6810.92 6843.99 +41.05
Prev. Close Volume Bid Ask Time
6802.94 103198713 2024-05-10 15:29:57
52wk High2325.4352wk High Date2018-10-01
52wk Low1656.7752wk Low Date2017-12-06
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