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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

S&P Composite 1500 Automobiles & Components (Industry Group) (CME:SP1500-2510)

Bear Market Rally (-75) - SP1500-2510 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP1500-2510 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SP1500-2510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2510.

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

CME_SP1500-2510
Open High Low SP1500-2510 Price Change
106.14 117.70 106.14 114.88 +8.74
Entry Signal

MarketClub’s Trade Triangles for SP1500-2510

long term down The long-term trend has been DOWN since Oct 19th, 2023 at 137.78

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 123.03

short term up The short-term trend has been UP since Apr 24th, 2024 at 107.72

Smart Scan Analysis for SP1500-2510

Based on our trend formula, SP1500-2510 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP1500-2510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.14 117.70 106.14 114.88 +8.74
Prev. Close Volume Bid Ask Time
114.88 286359942 2024-04-24 17:07:33
52wk High178.952wk High Date2018-01-16
52wk Low115.852wk Low Date2018-10-24
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