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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P 600 Water Utilities (Industry) (CME:SP600-551040)

Countertrend Down (-85) - SP600-551040 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP600-551040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-551040.

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

CME_SP600-551040
Open High Low SP600-551040 Price Change
2832.24 2874.55 2830.15 2856.26 +38.66
Entry Signal

MarketClub’s Trade Triangles for SP600-551040

long term down The long-term trend has been DOWN since Jan 24th, 2024 at 3125.01

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2023 at 3460.62

short term up The short-term trend has been UP since Apr 18th, 2024 at 2847.89

Smart Scan Analysis for SP600-551040

Based on our trend formula, SP600-551040 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP600-551040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2832.24 2874.55 2830.15 2856.26 +38.66
Prev. Close Volume Bid Ask Time
2856.26 825719 2024-04-18 16:19:41
52wk High3153.1152wk High Date2018-11-28
52wk Low2348.0252wk Low Date2018-03-06
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