Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P 400 - Pharmaceuticals (Industry) (CME:SP400-352020)

Countertrend Down (-85) - SP400-352020 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 SP400-352020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-352020.

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

CME_SP400-352020
Open High Low SP400-352020 Price Change
1135.25 1153.04 1130.92 1133.14 -5.22
Entry Signal

MarketClub’s Trade Triangles for SP400-352020

long term down The long-term trend has been DOWN since Feb 29th, 2024 at 1139.54

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2024 at 1224.33

short term up The short-term trend has been UP since Apr 25th, 2024 at 1149.75

Smart Scan Analysis for SP400-352020

Based on our trend formula, SP400-352020 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP400-352020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1135.25 1153.04 1130.92 1133.14 -5.22
Prev. Close Volume Bid Ask Time
1133.14 1507314 2024-04-25 16:19:50
52wk High1546.0752wk High Date2018-01-26
52wk Low1017.0252wk Low Date2018-05-03
Get a free daily analysis and signals for S&P 400 - Pharmaceuticals (Industry) (SP400-352020) - Request Your Free Report.