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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P U.S. Preferred Stock Index (CME:SPPREF)

Long-Term Downtrend (-90) - SPPREF is in a strong downtrend that is likely to continue. While SPPREF 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 SPPREF?

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

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

CME_SPPREF
Open High Low SPPREF Price Change
641.38 642.99 641.38 642.84 +1.46
Entry Signal

MarketClub’s Trade Triangles for SPPREF

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 640.58

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 666.21

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 667.83

Smart Scan Analysis for SPPREF

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

-90
Smart Scan Analysis for SPPREF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
641.38 642.99 641.38 642.84 +1.46
Prev. Close Volume Bid Ask Time
641.38 0 2024-04-19 10:16:40
52wk High802.7652wk High Date2017-12-08
52wk Low730.7152wk Low Date2018-11-29
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