Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, June 23, 2024.

S&P 400 Banks (Industry) (CME:SP400-401010)

Long-Term Downtrend (-90) - SP400-401010 is in a strong downtrend that is likely to continue. While SP400-401010 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 SP400-401010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-401010.

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

CME_SP400-401010
Open High Low SP400-401010 Price Change
537.27 539.55 533.58 539.22 +0.78
Entry Signal

MarketClub’s Trade Triangles for SP400-401010

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 535.33

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 561.24

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 529.08

Smart Scan Analysis for SP400-401010

Based on our trend formula, SP400-401010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP400-401010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
537.27 539.55 533.58 539.22 +0.78
Prev. Close Volume Bid Ask Time
539.22 90870233 2024-06-21 16:19:35
52wk High676.0452wk High Date2018-06-07
52wk Low504.9852wk Low Date2018-10-24
Get a free daily analysis and signals for S&P 400 Banks (Industry) (SP400-401010) - Request Your Free Report.