Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P Composite 1500 Restaurants (Sub Ind) (CME:SP1500-25301040)

Strong Downtrend (-100) - SP1500-25301040 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP1500-25301040 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP1500-25301040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25301040.

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

CME_SP1500-25301040
Open High Low SP1500-25301040 Price Change
2079.21 2081.64 2058.16 2065.13 +2.04
Entry Signal

MarketClub’s Trade Triangles for SP1500-25301040

long term down The long-term trend has been DOWN since May 1st, 2024 at 2245.52

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 2245.52

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 2095.90

Smart Scan Analysis for SP1500-25301040

Based on our trend formula, SP1500-25301040 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP1500-25301040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2079.21 2081.64 2058.16 2065.13 +2.04
Prev. Close Volume Bid Ask Time
2063.09 60287483 2024-07-26 16:19:57
52wk High1428.1352wk High Date2018-11-29
52wk Low1139.9252wk Low Date2018-02-09
Get a free daily analysis and signals for S&P Composite 1500 Restaurants (Sub Ind) (SP1500-25301040) - Request Your Free Report.