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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P 400 Telecommunication Services (Industry Group) (CME:SP400-5010)
Long-Term Downtrend (-90) - SP400-5010 is in a strong downtrend that is likely to continue. While SP400-5010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP400-5010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-5010.
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 SP400-5010
The long-term trend has been DOWN since Feb 23rd, 2024 at 80.18
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 83.39
The short-term trend has been DOWN since Apr 16th, 2024 at 81.07
Smart Scan Analysis for SP400-5010
Based on our trend formula, SP400-5010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 80.43 | 82.06 | 79.72 | 80.75 | -0.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 81.01 | 4129021 | 2024-04-19 16:20:09 |
| 52wk High | 191.22 | 52wk High Date | 2018-11-28 |
| 52wk Low | 125.16 | 52wk Low Date | 2018-02-09 |