Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

S&P 400 Construction & Engineering (Industry) (CME:SP400-201030)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SP400-201030
Open High Low SP400-201030 Price Change
342.97 344.33 340.63 343.45 +0.95
Entry Signal

MarketClub’s Trade Triangles for SP400-201030

long term up The long term trend has been UP since Nov 5th, 2019 at 367.76

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 348.16

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 355.35

Smart Scan Analysis for SP400-201030

Based on a pre-defined weighted trend formula for chart analysis, SP400-201030 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP400-201030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
342.97 344.33 340.63 343.45 +0.95
Prev. Close Volume Bid Ask Time
346.25 7812591 2019-12-10 17:12:07
52wk High434.2252wk High Date2018-01-24
52wk Low307.3352wk Low Date2018-10-24
Want to analyze S&P 400 Construction & Engineering (Industry) SP400-201030 or another symbol? Try our Free Index Trend Analysis Report.