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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P Composite 1500 Telecommunication Services (Industry Group) (CME:SP1500-5010)

Crossroads (-60) - SP1500-5010 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP1500-5010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-5010.

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

CME_SP1500-5010
Open High Low SP1500-5010 Price Change
120.94 121.42 119.46 120.13 +0.30
Entry Signal

MarketClub’s Trade Triangles for SP1500-5010

long term up The long-term trend has been UP since Nov 1st, 2023 at 109.72

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 120.80

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 126.19

Smart Scan Analysis for SP1500-5010

Based on our trend formula, SP1500-5010 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP1500-5010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.94 121.42 119.46 120.13 +0.30
Prev. Close Volume Bid Ask Time
120.13 73728854 2024-04-15 17:04:07
52wk High168.6252wk High Date2018-02-01
52wk Low140.0652wk Low Date2018-05-09
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