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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P 400 -Building Products (Industry) (CME:SP400-201020)

Long-Term Uptrend (+90) - SP400-201020 is in a strong uptrend that is likely to continue. While SP400-201020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP400-201020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-201020.

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

CME_SP400-201020
Open High Low SP400-201020 Price Change
2662.13 2685.47 2659.03 2671.81 +11.23
Entry Signal

MarketClub’s Trade Triangles for SP400-201020

long term up The long-term trend has been UP since Dec 1st, 2023 at 2107.03

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 1926.02

short term up The short-term trend has been UP since Mar 28th, 2024 at 2662.87

Smart Scan Analysis for SP400-201020

Based on our trend formula, SP400-201020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP400-201020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2662.13 2685.47 2659.03 2671.81 +11.23
Prev. Close Volume Bid Ask Time
2660.58 1259585 2024-03-28 14:58:20
52wk High894.1852wk High Date2018-09-13
52wk Low689.652wk Low Date2018-10-22
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