Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P Composite 1500 Capital Goods (Industry Group) (CME:SP1500-2010)

Sidelines Mode (+55) - SP1500-2010 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 SP1500-2010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2010.

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

CME_SP1500-2010
Open High Low SP1500-2010 Price Change
1248.89 1252.67 1240.57 1248.45 -3.58
Entry Signal

MarketClub’s Trade Triangles for SP1500-2010

long term up The long-term trend has been UP since Dec 6th, 2023 at 1083.72

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1256.82

short term up The short-term trend has been UP since Apr 15th, 2024 at 1280.56

Smart Scan Analysis for SP1500-2010

Based on our trend formula, SP1500-2010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP1500-2010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1248.89 1252.67 1240.57 1248.45 -3.58
Prev. Close Volume Bid Ask Time
1252.03 62829522 2024-04-16 13:32:57
52wk High788.0952wk High Date2018-01-29
52wk Low631.2652wk Low Date2018-10-29
Get a free daily analysis and signals for S&P Composite 1500 Capital Goods (Industry Group) (SP1500-2010) - Request Your Free Report.