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Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
S&P 400 Banks (Industry) (CME:SP400-401010)
Long-Term Downtrend (-90) - SP400-401010 is in a strong downtrend that is likely to continue. While SP400-401010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP400-401010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-401010.
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 SP400-401010
The long-term trend has been DOWN since Dec 16th, 2022 at 619.26
The intermediate-term trend has been DOWN since Mar 1st, 2023 at 667.70
The short-term trend has been DOWN since Mar 1st, 2023 at 667.70
Smart Scan Analysis for SP400-401010
Based on our trend formula, SP400-401010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 543.70 | 553.60 | 540.17 | 551.91 | +28.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 551.91 | 130411144 | 2023-03-21 17:04:54 |
| 52wk High | 676.04 | 52wk High Date | 2018-06-07 |
| 52wk Low | 504.98 | 52wk Low Date | 2018-10-24 |