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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P 400 Automobiles (Industry) (CME:SP400-251020)

Countertrend Down (-85) - SP400-251020 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP400-251020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-251020.

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

CME_SP400-251020
Open High Low SP400-251020 Price Change
569.60 581.73 566.98 576.81 +11.23
Entry Signal

MarketClub’s Trade Triangles for SP400-251020

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 553.49

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2024 at 582.25

short term up The short-term trend has been UP since Apr 22nd, 2024 at 562.75

Smart Scan Analysis for SP400-251020

Based on our trend formula, SP400-251020 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP400-251020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
569.60 581.73 566.98 576.81 +11.23
Prev. Close Volume Bid Ask Time
565.58 2551676 2024-04-23 16:19:35
52wk High696.8252wk High Date2018-01-24
52wk Low274.1452wk Low Date2018-10-29
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