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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P 400 Utilities (Sector) (CME:SP400-55)

Sidelines Mode (+55) - SP400-55 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 SP400-55?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-55.

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

CME_SP400-55
Open High Low SP400-55 Price Change
511.99 522.14 511.38 521.66 +9.16
Entry Signal

MarketClub’s Trade Triangles for SP400-55

long term up The long-term trend has been UP since Dec 13th, 2023 at 473.47

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 514.45

short term up The short-term trend has been UP since Apr 19th, 2024 at 516.91

Smart Scan Analysis for SP400-55

Based on our trend formula, SP400-55 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP400-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
511.99 522.14 511.38 521.66 +9.16
Prev. Close Volume Bid Ask Time
512.50 26885212 2024-04-19 16:20:04
52wk High581.5752wk High Date2018-11-20
52wk Low469.8852wk Low Date2018-02-06
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