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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P Composite 1500 Automobiles & Components (Industry Group) (CME:SP1500-2510)
Long-Term Downtrend (-90) - SP1500-2510 is in a strong downtrend that is likely to continue. While SP1500-2510 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SP1500-2510
The long-term trend has been DOWN since Oct 19th, 2023 at 137.78
The intermediate-term trend has been DOWN since Mar 5th, 2024 at 123.03
The short-term trend has been DOWN since Apr 15th, 2024 at 118.01
Smart Scan Analysis for SP1500-2510
Based on our trend formula, SP1500-2510 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 109.83 | 109.83 | 106.49 | 107.09 | -2.74 |
| Prev. Close | Volume | Bid | Ask | Time |
| 107.09 | 166264298 | 2024-04-18 16:19:45 |
| 52wk High | 178.9 | 52wk High Date | 2018-01-16 |
| 52wk Low | 115.8 | 52wk Low Date | 2018-10-24 |