Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P Composite 1500 - Mortgage Real Estate Investment Trusts (REITs) (Industry) (CME:SP1500-402040)
Countertrend Down (-85) - SP1500-402040 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 SP1500-402040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-402040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-402040
The long-term trend has been DOWN since Apr 15th, 2024 at 27.07
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 28.22
The short-term trend has been UP since Apr 19th, 2024 at 27.28
Smart Scan Analysis for SP1500-402040
Based on our trend formula, SP1500-402040 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
27.90 | 27.91 | 27.65 | 27.76 | -0.42 |
Prev. Close | Volume | Bid | Ask | Time |
28.18 | 4357916 | 2024-04-24 10:24:09 |