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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P 400 Auto Components (Industry) (CME:SP400-251010)

Long-Term Downtrend (-90) - SP400-251010 is in a strong downtrend that is likely to continue. While SP400-251010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP400-251010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-251010.

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

CME_SP400-251010
Open High Low SP400-251010 Price Change
126.36 127.58 124.82 127.12 -0.61
Entry Signal

MarketClub’s Trade Triangles for SP400-251010

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 137.67

intermediate term down The intermediate-term trend has been DOWN since Jul 26th, 2024 at 126.03

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 126.04

Smart Scan Analysis for SP400-251010

Based on our trend formula, SP400-251010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP400-251010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
126.36 127.58 124.82 127.12 -0.61
Prev. Close Volume Bid Ask Time
127.73 14439817 2024-07-26 16:20:05
52wk High238.4352wk High Date2018-01-16
52wk Low118.5652wk Low Date2018-11-12
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