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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

S&P 400 Packaged Foods & Meats (Sub Ind) (CME:SP400-30202030)

Bull Market Weakness (+75) - SP400-30202030 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP400-30202030 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP400-30202030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-30202030.

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

CME_SP400-30202030
Open High Low SP400-30202030 Price Change
1207.03 1224.96 1205.74 1223.85 +18.76
Entry Signal

MarketClub’s Trade Triangles for SP400-30202030

long term up The long-term trend has been UP since Dec 13th, 2023 at 1086.83

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1203.78

short term up The short-term trend has been UP since Apr 17th, 2024 at 1205.56

Smart Scan Analysis for SP400-30202030

Based on our trend formula, SP400-30202030 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP400-30202030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1207.03 1224.96 1205.74 1223.85 +18.76
Prev. Close Volume Bid Ask Time
1223.85 2950512 2024-04-19 16:20:09
52wk High1034.6352wk High Date2018-11-16
52wk Low827.5552wk Low Date2018-03-23
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