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Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
S&P 400 Automotive Retail (Sub Ind) (CME:SP400-25504050)
Sidelines Mode (-50) - SP400-25504050 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SP400-25504050 can gain momentum.
Is it time to buy, sell, or avoid SP400-25504050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-25504050.
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 SP400-25504050
The long-term trend has been UP since Dec 14th, 2023 at 1616.23
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 1696.87
The short-term trend has been DOWN since May 8th, 2024 at 1657.27
Smart Scan Analysis for SP400-25504050
Based on our trend formula, SP400-25504050 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1694.90 | 1694.90 | 1655.29 | 1674.98 | -29.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1704.27 | 3989317 | 2024-05-08 17:00:39 |
| 52wk High | 793.9 | 52wk High Date | 2018-01-26 |
| 52wk Low | 554.23 | 52wk Low Date | 2018-05-01 |