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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P Composite 1500 Automobiles (Industry) (CME:SP1500-251020)

Sidelines Mode (-55) - SP1500-251020 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 SP1500-251020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-251020.

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

CME_SP1500-251020
Open High Low SP1500-251020 Price Change
82.45 85.84 80.76 85.70 +3.25
Entry Signal

MarketClub’s Trade Triangles for SP1500-251020

long term down The long-term trend has been DOWN since Oct 20th, 2023 at 99.60

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 88.95

short term up The short-term trend has been UP since Apr 24th, 2024 at 76.90

Smart Scan Analysis for SP1500-251020

Based on our trend formula, SP1500-251020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-251020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.45 85.84 80.76 85.70 +3.25
Prev. Close Volume Bid Ask Time
85.70 237030771 2024-04-25 16:20:00
52wk High137.7852wk High Date2018-01-16
52wk Low87.0552wk Low Date2018-10-24
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