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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P 400 Electrical Components & Equipment (Sub Ind) (CME:SP400-20104010)

Sidelines Mode (+55) - SP400-20104010 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 SP400-20104010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20104010.

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

CME_SP400-20104010
Open High Low SP400-20104010 Price Change
3857.59 3925.66 3817.23 3850.29 -3.84
Entry Signal

MarketClub’s Trade Triangles for SP400-20104010

long term up The long-term trend has been UP since Dec 14th, 2023 at 3545.33

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 3855.29

short term up The short-term trend has been UP since Apr 23rd, 2024 at 3813.63

Smart Scan Analysis for SP400-20104010

Based on our trend formula, SP400-20104010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP400-20104010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3857.59 3925.66 3817.23 3850.29 -3.84
Prev. Close Volume Bid Ask Time
3854.13 3560540 2024-04-24 17:07:32
52wk High2302.5152wk High Date2018-09-21
52wk Low1674.1952wk Low Date2018-05-01
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