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Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
S&P 400 Materials (Sector) (CME:SP400-15)
Sidelines Mode (+55) - SP400-15 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 SP400-15?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15.
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 SP400-15
The long-term trend has been UP since Sep 26th, 2024 at 764.75
The intermediate-term trend has been UP since Sep 18th, 2024 at 742.50
The short-term trend has been DOWN since Oct 22nd, 2024 at 787.01
Smart Scan Analysis for SP400-15
Based on our trend formula, SP400-15 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 782.77 | 783.55 | 769.49 | 770.43 | -10.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 770.43 | 53597152 | 2024-10-25 16:20:04 |
| 52wk High | 545.11 | 52wk High Date | 2018-01-26 |
| 52wk Low | 424.19 | 52wk Low Date | 2018-10-29 |