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Index Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
S&P 500 Banks (Industry Group) (CME:SP500-4010)
Sidelines Mode (-55) - SP500-4010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-4010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4010.
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 SP500-4010
The long-term trend has been DOWN since Feb 24th, 2020 at 349.42
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 353.54
The short-term trend has been UP since Apr 6th, 2020 at 214.98
Smart Scan Analysis for SP500-4010
Based on our trend formula, SP500-4010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 230.08 | 238.44 | 227.01 | 237.37 | +11.76 |
| Prev. Close | Volume | Bid | Ask | Time |
| 232.36 | 262230958 | 2020-04-08 17:06:54 |
| 52wk High | 374.29 | 52wk High Date | 2018-01-29 |
| 52wk Low | 303.51 | 52wk Low Date | 2018-10-24 |