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Index Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
S&P Composite 1500 Banks (Industry Group) (CME:SP1500-4010)
Sidelines Mode (-50) - SP1500-4010 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SP1500-4010 can gain momentum.
Is it time to buy, sell, or avoid SP1500-4010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-4010
The long-term trend has been UP since Dec 1st, 2023 at 327.89
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 383.13
The short-term trend has been DOWN since Apr 30th, 2024 at 394.53
Smart Scan Analysis for SP1500-4010
Based on our trend formula, SP1500-4010 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 395.69 | 400.02 | 395.35 | 396.86 | +1.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 396.86 | 198456580 | 2024-05-03 16:19:30 |
| 52wk High | 389.95 | 52wk High Date | 2018-01-29 |
| 52wk Low | 315.43 | 52wk Low Date | 2018-10-24 |