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Index Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
S&P 400 Construction Machinery & Heavy Trucks (Sub Ind) (CME:SP400-20106010)
Strong Downtrend (-100) - SP400-20106010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP400-20106010 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP400-20106010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20106010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP400-20106010
The long-term trend has been DOWN since Feb 24th, 2022 at 402.61
The intermediate-term trend has been DOWN since Apr 1st, 2022 at 397.29
The short-term trend has been DOWN since May 20th, 2022 at 341.12
Smart Scan Analysis for SP400-20106010
Based on our trend formula, SP400-20106010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 344.50 | 344.77 | 333.45 | 337.35 | -10.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 347.39 | 500472 | 2022-05-24 12:08:50 |
| 52wk High | 399.45 | 52wk High Date | 2018-07-26 |
| 52wk Low | 284.79 | 52wk Low Date | 2018-10-30 |