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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

S&P Composite 1500 Tires & Rubber (Sub Ind) (CME:SP1500-25101020)

Countertrend Down (-85) - SP1500-25101020 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP1500-25101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25101020.

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

CME_SP1500-25101020
Open High Low SP1500-25101020 Price Change
56.26 56.63 55.51 55.93 -0.56
Entry Signal

MarketClub’s Trade Triangles for SP1500-25101020

long term down The long-term trend has been DOWN since Feb 14th, 2024 at 53.19

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 57.90

short term up The short-term trend has been UP since Apr 23rd, 2024 at 56.82

Smart Scan Analysis for SP1500-25101020

Based on our trend formula, SP1500-25101020 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP1500-25101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.26 56.63 55.51 55.93 -0.56
Prev. Close Volume Bid Ask Time
55.93 2222120 2024-04-24 17:07:33
52wk High124.4252wk High Date2018-01-24
52wk Low68.4252wk Low Date2018-10-26
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