Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P 400 Steel (Sub Ind) (CME:SP400-15104050)

Weak Downtrend (-65) - SP400-15104050 is showing signs of a strengthening downtrend. Monitor SP400-15104050 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP400-15104050?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15104050.

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

CME_SP400-15104050
Open High Low SP400-15104050 Price Change
512.46 516.63 504.97 505.15 -1.67
Entry Signal

MarketClub’s Trade Triangles for SP400-15104050

long term up The long-term trend has been UP since Dec 1st, 2023 at 434.53

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 513.05

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 526.45

Smart Scan Analysis for SP400-15104050

Based on our trend formula, SP400-15104050 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP400-15104050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
512.46 516.63 504.97 505.15 -1.67
Prev. Close Volume Bid Ask Time
505.15 15875952 2024-04-17 16:19:39
52wk High255.4552wk High Date2018-02-20
52wk Low175.3452wk Low Date2018-11-28
Get a free daily analysis and signals for S&P 400 Steel (Sub Ind) (SP400-15104050) - Request Your Free Report.