Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P 600 - Mortgage REITs (Sub Ind) (CME:SP600-40204010)

Strong Downtrend (-100) - SP600-40204010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP600-40204010 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-40204010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-40204010.

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

CME_SP600-40204010
Open High Low SP600-40204010 Price Change
26.02 26.23 25.89 25.92 +0.14
Entry Signal

MarketClub’s Trade Triangles for SP600-40204010

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 26.16

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 27.29

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 27.81

Smart Scan Analysis for SP600-40204010

Based on our trend formula, SP600-40204010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP600-40204010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.02 26.23 25.89 25.92 +0.14
Prev. Close Volume Bid Ask Time
25.92 11473466 2024-04-17 16:19:39
52wk High83.3452wk High Date2017-12-18
52wk Low71.6452wk Low Date2018-02-06
Get a free daily analysis and signals for S&P 600 - Mortgage REITs (Sub Ind) (SP600-40204010) - Request Your Free Report.