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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P 500 Water Utilities (Industry) (CME:SP500-551040)

Bear Market Rally (-75) - SP500-551040 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-551040 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SP500-551040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-551040.

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

CME_SP500-551040
Open High Low SP500-551040 Price Change
170.97 173.15 169.50 172.83 +2.87
Entry Signal

MarketClub’s Trade Triangles for SP500-551040

long term down The long-term trend has been DOWN since Mar 1st, 2023 at 203.99

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 171.44

short term up The short-term trend has been UP since Apr 18th, 2024 at 172.93

Smart Scan Analysis for SP500-551040

Based on our trend formula, SP500-551040 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP500-551040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
170.97 173.15 169.50 172.83 +2.87
Prev. Close Volume Bid Ask Time
169.96 1399513 2024-04-18 16:19:39
52wk High139.152wk High Date2018-11-19
52wk Low112.0252wk Low Date2018-02-08
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