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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P 600 Utilities (Sector) (CME:SP600-55)
Sidelines Mode (-55) - SP600-55 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 SP600-55?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-55.
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 SP600-55
The long-term trend has been DOWN since Feb 13th, 2024 at 928.59
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 900.39
The short-term trend has been UP since Apr 18th, 2024 at 905.50
Smart Scan Analysis for SP600-55
Based on our trend formula, SP600-55 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 904.05 | 925.49 | 903.43 | 925.20 | +19.49 |
| Prev. Close | Volume | Bid | Ask | Time |
| 905.71 | 4729619 | 2024-04-19 16:20:04 |
| 52wk High | 1030.46 | 52wk High Date | 2018-11-20 |
| 52wk Low | 842.87 | 52wk Low Date | 2018-02-06 |