Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P 500 Construction Materials (Industry) (CME:SP500-151020)

Weak Downtrend (-65) - SP500-151020 is showing signs of a strengthening downtrend. Monitor SP500-151020 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-151020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-151020.

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

CME_SP500-151020
Open High Low SP500-151020 Price Change
536.70 545.54 534.24 541.64 +6.52
Entry Signal

MarketClub’s Trade Triangles for SP500-151020

long term up The long-term trend has been UP since Dec 11th, 2023 at 451.33

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 556.40

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 554.48

Smart Scan Analysis for SP500-151020

Based on our trend formula, SP500-151020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-151020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
536.70 545.54 534.24 541.64 +6.52
Prev. Close Volume Bid Ask Time
541.64 923704 2024-04-22 16:20:08
52wk High260.2452wk High Date2018-01-26
52wk Low158.3852wk Low Date2018-10-29
Get a free daily analysis and signals for S&P 500 Construction Materials (Industry) (SP500-151020) - Request Your Free Report.