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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P 400 Utilities (Industry Group) (CME:SP400-5510)

Crossroads (-60) - SP400-5510 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP400-5510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-5510.

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

CME_SP400-5510
Open High Low SP400-5510 Price Change
515.91 516.52 513.60 515.39 +1.68
Entry Signal

MarketClub’s Trade Triangles for SP400-5510

long term up The long-term trend has been UP since Dec 13th, 2023 at 473.46

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

short term down The short-term trend has been DOWN since Apr 4th, 2024 at 528.04

Smart Scan Analysis for SP400-5510

Based on our trend formula, SP400-5510 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP400-5510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
515.91 516.52 513.60 515.39 +1.68
Prev. Close Volume Bid Ask Time
513.71 1120192 2024-04-18 10:12:09
52wk High581.5652wk High Date2018-11-20
52wk Low469.8752wk Low Date2018-02-06
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