Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P 400 Industrials (Sector) (CME:SP400-20)

Crossroads (-60) - SP400-20 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 SP400-20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20.

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

CME_SP400-20
Open High Low SP400-20 Price Change
2007.20 2016.42 1991.58 2016.36 -0.39
Entry Signal

MarketClub’s Trade Triangles for SP400-20

long term up The long-term trend has been UP since Dec 13th, 2023 at 1837.11

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2028.42

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 2081.18

Smart Scan Analysis for SP400-20

Based on our trend formula, SP400-20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP400-20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2007.20 2016.42 1991.58 2016.36 -0.39
Prev. Close Volume Bid Ask Time
2016.75 20067407 2024-04-16 14:12:19
52wk High1086.1952wk High Date2018-09-21
52wk Low888.8452wk Low Date2018-10-29
Get a free daily analysis and signals for S&P 400 Industrials (Sector) (SP400-20) - Request Your Free Report.