Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P Composite 1500 Packaged Foods & Meats (Sub Ind) (CME:SP1500-30202030)

Bear Market Rally (-75) - SP1500-30202030 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP1500-30202030 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SP1500-30202030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-30202030.

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

CME_SP1500-30202030
Open High Low SP1500-30202030 Price Change
680.58 681.37 679.23 680.46 +1.17
Entry Signal

MarketClub’s Trade Triangles for SP1500-30202030

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 667.01

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 685.37

short term up The short-term trend has been UP since Apr 17th, 2024 at 675.21

Smart Scan Analysis for SP1500-30202030

Based on our trend formula, SP1500-30202030 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP1500-30202030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
680.58 681.37 679.23 680.46 +1.17
Prev. Close Volume Bid Ask Time
679.29 4642428 2024-04-19 10:10:27
52wk High646.1152wk High Date2018-01-25
52wk Low530.8252wk Low Date2018-05-03
Get a free daily analysis and signals for S&P Composite 1500 Packaged Foods & Meats (Sub Ind) (SP1500-30202030) - Request Your Free Report.