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Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
S&P 500 Building Products (Industry) (CME:SP500-201020)
Sidelines Mode (-55) - SP500-201020 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 SP500-201020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-201020.
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 SP500-201020
The long-term trend has been UP since Dec 8th, 2023 at 635.29
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 740.06
The short-term trend has been UP since Apr 15th, 2024 at 753.79
Smart Scan Analysis for SP500-201020
Based on our trend formula, SP500-201020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 733.10 | 735.94 | 722.32 | 724.64 | -1.52 |
| Prev. Close | Volume | Bid | Ask | Time |
| 726.16 | 6483941 | 2024-04-18 15:08:38 |
| 52wk High | 390.27 | 52wk High Date | 2018-01-26 |
| 52wk Low | 272.55 | 52wk Low Date | 2018-10-29 |