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Index Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

S&P Composite 1500 Independent Power and Renewable Electricity Producers (Industry) (CME:SP1500-551050)

Crossroads (-60) - SP1500-551050 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP1500-551050?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-551050.

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

CME_SP1500-551050
Open High Low SP1500-551050 Price Change
135.68 137.80 133.33 136.26 +2.32
Entry Signal

MarketClub’s Trade Triangles for SP1500-551050

long term up The long-term trend has been UP since Dec 1st, 2023 at 105.33

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 136.80

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 142.72

Smart Scan Analysis for SP1500-551050

Based on our trend formula, SP1500-551050 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP1500-551050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
135.68 137.80 133.33 136.26 +2.32
Prev. Close Volume Bid Ask Time
133.94 13930304 2024-04-17 16:19:27
52wk High99.6452wk High Date2018-11-12
52wk Low60.5952wk Low Date2018-02-09
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