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Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
S&P 400 -Building Products (Industry) (CME:SP400-201020)
Strong Uptrend (+100) - SP400-201020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP400-201020 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP400-201020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-201020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP400-201020
The long-term trend has been UP since Dec 1st, 2023 at 2107.03
The intermediate-term trend has been UP since May 6th, 2024 at 2602.97
The short-term trend has been UP since May 3rd, 2024 at 2563.84
Smart Scan Analysis for SP400-201020
Based on our trend formula, SP400-201020 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2578.04 | 2595.80 | 2572.78 | 2593.28 | +4.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2589.25 | 4730972 | 2024-05-08 16:08:50 |
| 52wk High | 894.18 | 52wk High Date | 2018-09-13 |
| 52wk Low | 689.6 | 52wk Low Date | 2018-10-22 |