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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

S&P 400 Construction Materials (Industry) (CME:SP400-151020)

Weak Uptrend (+65) - SP400-151020 is showing signs of weakening momentum to the upside. Monitor SP400-151020 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP400-151020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-151020.

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

CME_SP400-151020
Open High Low SP400-151020 Price Change
2275.57 2298.01 2257.63 2262.84 +24.36
Entry Signal

MarketClub’s Trade Triangles for SP400-151020

long term up The long-term trend has been UP since Dec 1st, 2023 at 1646.63

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 2208.16

short term up The short-term trend has been UP since May 3rd, 2024 at 2255.46

Smart Scan Analysis for SP400-151020

Based on our trend formula, SP400-151020 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SP400-151020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2275.57 2298.01 2257.63 2262.84 +24.36
Prev. Close Volume Bid Ask Time
2262.84 794397 2024-05-03 16:19:35
52wk High971.8352wk High Date2018-01-16
52wk Low515.5152wk Low Date2018-10-29
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