Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
S&P 400 Restaurants (Sub Ind) (CME:SP400-25301040)
Long-Term Uptrend (+90) - SP400-25301040 is in a strong uptrend that is likely to continue. While SP400-25301040 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP400-25301040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-25301040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-25301040
The long-term trend has been UP since Nov 13th, 2023 at 866.64
The intermediate-term trend has been UP since Oct 27th, 2023 at 796.58
The short-term trend has been UP since Dec 1st, 2023 at 901.81
Smart Scan Analysis for SP400-25301040
Based on our trend formula, SP400-25301040 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||571.14||52wk High Date||2018-09-07|
|52wk Low||442.19||52wk Low Date||2017-12-01|