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Index Trend Analysis Report

Prepared for you on Sunday, April 21, 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
1130.19 1148.65 1126.38 1142.86 +16.35
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 19th, 2024 at 1139.58

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
1130.19 1148.65 1126.38 1142.86 +16.35
Prev. Close Volume Bid Ask Time
1142.86 1924786 2024-04-19 16:20:05
52wk High1546.0752wk High Date2018-01-26
52wk Low1017.0252wk Low Date2018-05-03
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