Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, November 16, 2024.

S&P Composite 1500 Automobiles & Components (Industry Group) (CME:SP1500-2510)

Countertrend Up (+85) - SP1500-2510 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-2510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2510.

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

CME_SP1500-2510
Open High Low SP1500-2510 Price Change
188.23 194.68 187.29 192.71 +4.48
Entry Signal

MarketClub’s Trade Triangles for SP1500-2510

long term up The long-term trend has been UP since Jul 1st, 2024 at 134.19

intermediate term up The intermediate-term trend has been UP since Oct 25th, 2024 at 163.45

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 192.88

Smart Scan Analysis for SP1500-2510

Based on our trend formula, SP1500-2510 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP1500-2510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
188.23 194.68 187.29 192.71 +4.48
Prev. Close Volume Bid Ask Time
192.71 209994657 2024-11-15 16:19:15
52wk High178.952wk High Date2018-01-16
52wk Low115.852wk Low Date2018-10-24
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