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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P Composite 1500 Materials (Industry Group) (CME:SP1500-1510)
Sidelines Mode (-55) - SP1500-1510 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 SP1500-1510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-1510.
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 SP1500-1510
The long-term trend has been UP since Dec 13th, 2023 at 567.39
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 609.03
The short-term trend has been UP since Apr 26th, 2024 at 601.98
Smart Scan Analysis for SP1500-1510
Based on our trend formula, SP1500-1510 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 601.90 | 607.06 | 601.90 | 604.45 | +3.88 |
| Prev. Close | Volume | Bid | Ask | Time |
| 600.57 | 136882393 | 2024-04-26 16:19:57 |
| 52wk High | 434.68 | 52wk High Date | 2018-01-26 |
| 52wk Low | 339.78 | 52wk Low Date | 2018-10-26 |