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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

S&P Composite 1500 Materials (Sector) (CME:SP1500-15)

Crossroads (-60) - SP1500-15 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP1500-15?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15.

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

CME_SP1500-15
Open High Low SP1500-15 Price Change
595.91 598.36 593.47 597.97 +0.08
Entry Signal

MarketClub’s Trade Triangles for SP1500-15

long term up The long-term trend has been UP since Dec 13th, 2023 at 567.42

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 609.02

short term down The short-term trend has been DOWN since Apr 4th, 2024 at 621.93

Smart Scan Analysis for SP1500-15

Based on our trend formula, SP1500-15 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP1500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
595.91 598.36 593.47 597.97 +0.08
Prev. Close Volume Bid Ask Time
597.97 141062468 2024-04-24 17:07:32
52wk High470.0652wk High Date2017-12-06
52wk Low339.7252wk Low Date2018-10-26
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