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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P Composite 1500 Communications Equipment (Sub Ind) (CME:SP1500-45201020)

Weak Downtrend (-65) - SP1500-45201020 is showing signs of a strengthening downtrend. Monitor SP1500-45201020 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP1500-45201020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45201020.

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

CME_SP1500-45201020
Open High Low SP1500-45201020 Price Change
315.41 316.08 313.33 314.52 -0.07
Entry Signal

MarketClub’s Trade Triangles for SP1500-45201020

long term up The long-term trend has been UP since Jan 10th, 2024 at 318.19

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 322.65

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 324.89

Smart Scan Analysis for SP1500-45201020

Based on our trend formula, SP1500-45201020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP1500-45201020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
315.41 316.08 313.33 314.52 -0.07
Prev. Close Volume Bid Ask Time
314.59 20099380 2024-04-16 15:31:27
52wk High251.6652wk High Date2018-09-26
52wk Low195.9152wk Low Date2017-12-01
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