Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P Composite 1500 Railroads (Sub Ind) (CME:SP1500-20304010)
Sidelines Mode (-55) - SP1500-20304010 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 SP1500-20304010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20304010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP1500-20304010
The long-term trend has been DOWN since Apr 17th, 2024 at 3052.04
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 3255.15
The short-term trend has been UP since May 3rd, 2024 at 3130.52
Smart Scan Analysis for SP1500-20304010
Based on our trend formula, SP1500-20304010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3143.85 | 3160.78 | 3111.42 | 3145.47 | -3.80 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3145.47 | 17852572 | 2024-05-09 16:20:12 |
| 52wk High | 2160.62 | 52wk High Date | 2018-10-01 |
| 52wk Low | 1541.81 | 52wk Low Date | 2018-02-09 |