Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Materials Select Sector Index (CME:IXB)
Bull Market Weakness (+75) - IXB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IXB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IXB?
MarketClub looks at technical strength and momentum to determine if the timing is right for IXB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IXB
The long-term trend has been DOWN since Jul 1st, 2024 at 929.54
The intermediate-term trend has been UP since Jul 12th, 2024 at 958.12
The short-term trend has been UP since Jul 26th, 2024 at 966.72
Smart Scan Analysis for IXB
Based on our trend formula, IXB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 957.94 | 973.45 | 957.53 | 970.07 | +15.99 |
| Prev. Close | Volume | Bid | Ask | Time |
| 954.08 | 0 | 2024-07-26 16:20:01 |
| 52wk High | 679.34 | 52wk High Date | 2018-01-26 |
| 52wk Low | 529.98 | 52wk Low Date | 2018-10-26 |