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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P Composite 1500 Gas Utilities (Industry) (CME:SP1500-551020)

Long-Term Uptrend (+90) - SP1500-551020 is in a strong uptrend that is likely to continue. While SP1500-551020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-551020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-551020.

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

CME_SP1500-551020
Open High Low SP1500-551020 Price Change
738.28 745.88 734.40 742.60 +3.52
Entry Signal

MarketClub’s Trade Triangles for SP1500-551020

long term up The long-term trend has been UP since Jan 3rd, 2024 at 737.26

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 743.14

short term up The short-term trend has been UP since Apr 19th, 2024 at 720.04

Smart Scan Analysis for SP1500-551020

Based on our trend formula, SP1500-551020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-551020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
738.28 745.88 734.40 742.60 +3.52
Prev. Close Volume Bid Ask Time
742.60 5335401 2024-04-22 16:19:57
52wk High881.7352wk High Date2018-11-20
52wk Low685.7952wk Low Date2018-02-06
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