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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P Composite 1500 Software & Services (Industry Group) (CME:SP1500-4510)

Sidelines Mode (-55) - SP1500-4510 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 SP1500-4510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4510.

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

CME_SP1500-4510
Open High Low SP1500-4510 Price Change
4893.86 4914.42 4854.34 4884.16 +11.87
Entry Signal

MarketClub’s Trade Triangles for SP1500-4510

long term up The long-term trend has been UP since Nov 3rd, 2023 at 4262.64

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 5013.89

short term up The short-term trend has been UP since Apr 24th, 2024 at 4876.36

Smart Scan Analysis for SP1500-4510

Based on our trend formula, SP1500-4510 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-4510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4893.86 4914.42 4854.34 4884.16 +11.87
Prev. Close Volume Bid Ask Time
4872.29 88500144 2024-04-24 17:07:33
52wk High2149.0852wk High Date2018-07-25
52wk Low1680.9552wk Low Date2017-12-05
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