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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P 400 Communications Equipment (Sub Ind) (CME:SP400-45201020)
Sidelines Mode (+55) - SP400-45201020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP400-45201020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-45201020.
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 SP400-45201020
The long-term trend has been DOWN since Apr 2nd, 2024 at 1391.83
The intermediate-term trend has been UP since May 3rd, 2024 at 1381.54
The short-term trend has been DOWN since May 8th, 2024 at 1346.59
Smart Scan Analysis for SP400-45201020
Based on our trend formula, SP400-45201020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1375.04 | 1382.20 | 1360.97 | 1374.76 | +5.22 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1369.54 | 1770346 | 2024-05-10 16:19:50 |
| 52wk High | 1778.62 | 52wk High Date | 2018-11-08 |
| 52wk Low | 1474.28 | 52wk Low Date | 2018-02-09 |