Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P 500 -Electronic Components (Sub Ind) (CME:SP500-45203015)

Sidelines Mode (-55) - SP500-45203015 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 SP500-45203015?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45203015.

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

CME_SP500-45203015
Open High Low SP500-45203015 Price Change
409.89 416.04 408.10 413.16 +5.56
Entry Signal

MarketClub’s Trade Triangles for SP500-45203015

long term up The long-term trend has been UP since Dec 11th, 2023 at 356.94

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 415.34

short term up The short-term trend has been UP since Apr 22nd, 2024 at 415.74

Smart Scan Analysis for SP500-45203015

Based on our trend formula, SP500-45203015 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-45203015
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
409.89 416.04 408.10 413.16 +5.56
Prev. Close Volume Bid Ask Time
413.16 6796489 2024-04-22 16:20:03
52wk High258.9652wk High Date2018-09-21
52wk Low201.352wk Low Date2018-04-25
Get a free daily analysis and signals for S&P 500 -Electronic Components (Sub Ind) (SP500-45203015) - Request Your Free Report.