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Index Trend Analysis Report

Prepared for you on Friday, July 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
104.73 105.58 102.70 104.59 -0.14
Entry Signal

MarketClub’s Trade Triangles for SP1500-251020

long term up The long-term trend has been UP since Jun 28th, 2024 at 98.50

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2024 at 91.80

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 116.16

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
104.73 105.58 102.70 104.59 -0.14
Prev. Close Volume Bid Ask Time
104.73 194803175 2024-07-26 16:20:00
52wk High137.7852wk High Date2018-01-16
52wk Low87.0552wk Low Date2018-10-24
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