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Index Trend Analysis Report

Prepared for you on Saturday, August 20, 2022.

S&P 400 Materials (Industry Group) (CME:SP400-1510)

Sidelines Mode (-55) - SP400-1510 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 SP400-1510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-1510.

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

CME_SP400-1510
Open High Low SP400-1510 Price Change
651.48 651.48 641.39 641.80 -15.51
Entry Signal

MarketClub’s Trade Triangles for SP400-1510

long term down The long-term trend has been DOWN since Jun 13th, 2022 at 621.78

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2022 at 590.42

short term down The short-term trend has been DOWN since Aug 19th, 2022 at 648.33

Smart Scan Analysis for SP400-1510

Based on our trend formula, SP400-1510 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP400-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
651.48 651.48 641.39 641.80 -15.51
Prev. Close Volume Bid Ask Time
641.80 34745635 2022-08-19 16:19:54
52wk High545.1152wk High Date2018-01-26
52wk Low424.2552wk Low Date2018-10-29
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