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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P 500 Food Beverage & Tobacco (Industry Group) (TR) (CME:SP500-3020TR)
Sidelines Mode (+55) - SP500-3020TR 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 SP500-3020TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020TR.
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 SP500-3020TR
The long-term trend has been UP since Jan 2nd, 2024 at 1909.54
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1878.19
The short-term trend has been UP since Apr 18th, 2024 at 1865.75
Smart Scan Analysis for SP500-3020TR
Based on our trend formula, SP500-3020TR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1863.78 | 1882.19 | 1863.78 | 1879.89 | +16.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1879.89 | 0 | 2024-04-18 16:19:35 |
| 52wk High | 1428.89 | 52wk High Date | 2018-01-29 |
| 52wk Low | 1172.49 | 52wk Low Date | 2018-05-15 |