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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P / Harel Telecommunications Index TR (CME:SPHLTCIT)

Long-Term Downtrend (-90) - SPHLTCIT is in a strong downtrend that is likely to continue. While SPHLTCIT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPHLTCIT?

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

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

CME_SPHLTCIT
Open High Low SPHLTCIT Price Change
675.50 691.66 675.50 691.66 +16.16
Entry Signal

MarketClub’s Trade Triangles for SPHLTCIT

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 707.58

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 703.20

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 711.29

Smart Scan Analysis for SPHLTCIT

Based on our trend formula, SPHLTCIT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPHLTCIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
675.50 691.66 675.50 691.66 +16.16
Prev. Close Volume Bid Ask Time
691.66 0 2024-04-18 12:34:03
52wk High958.3252wk High Date2018-01-07
52wk Low675.9752wk Low Date2018-07-11
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