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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P 600 Homebuilding (Sub Ind) (CME:SP600-25201030)

Sidelines Mode (+55) - SP600-25201030 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 SP600-25201030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-25201030.

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

CME_SP600-25201030
Open High Low SP600-25201030 Price Change
2237.22 2331.67 2228.07 2328.51 +106.43
Entry Signal

MarketClub’s Trade Triangles for SP600-25201030

long term up The long-term trend has been UP since Dec 1st, 2023 at 1934.96

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 2295.23

short term up The short-term trend has been UP since Apr 23rd, 2024 at 2247.18

Smart Scan Analysis for SP600-25201030

Based on our trend formula, SP600-25201030 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP600-25201030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2237.22 2331.67 2228.07 2328.51 +106.43
Prev. Close Volume Bid Ask Time
2328.51 2822133 2024-04-23 16:19:26
52wk High884.2452wk High Date2018-01-09
52wk Low543.552wk Low Date2018-10-23
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