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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P 400 Electric Utilities (Industry) (CME:SP400-551010)

Long-Term Downtrend (-90) - SP400-551010 is in a strong downtrend that is likely to continue. While SP400-551010 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 SP400-551010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-551010.

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

CME_SP400-551010
Open High Low SP400-551010 Price Change
330.22 331.80 327.77 331.18 +3.29
Entry Signal

MarketClub’s Trade Triangles for SP400-551010

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 328.35

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 331.55

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 334.27

Smart Scan Analysis for SP400-551010

Based on our trend formula, SP400-551010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP400-551010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
330.22 331.80 327.77 331.18 +3.29
Prev. Close Volume Bid Ask Time
331.18 2936856 2024-04-17 16:19:35
52wk High440.552wk High Date2018-11-20
52wk Low346.2552wk Low Date2018-02-06
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