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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P Composite 1500 Electrical Equipment (Industry) (CME:SP1500-201040)

Sidelines Mode (-55) - SP1500-201040 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 SP1500-201040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-201040.

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

CME_SP1500-201040
Open High Low SP1500-201040 Price Change
1908.52 1915.80 1870.32 1873.34 -8.44
Entry Signal

MarketClub’s Trade Triangles for SP1500-201040

long term up The long-term trend has been UP since Dec 14th, 2023 at 1611.71

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 1853.80

short term up The short-term trend has been UP since Apr 23rd, 2024 at 1873.08

Smart Scan Analysis for SP1500-201040

Based on our trend formula, SP1500-201040 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-201040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1908.52 1915.80 1870.32 1873.34 -8.44
Prev. Close Volume Bid Ask Time
1881.78 16585970 2024-04-24 12:53:12
52wk High948.9452wk High Date2018-09-21
52wk Low755.1152wk Low Date2018-10-24
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