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Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
S&P 400 Communications Equipment (Sub Ind) (CME:SP400-45201020)
Long-Term Downtrend (-90) - SP400-45201020 is in a strong downtrend that is likely to continue. While SP400-45201020 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 SP400-45201020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-45201020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP400-45201020
The long-term trend has been DOWN since Apr 2nd, 2024 at 1391.83
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 1474.28
The short-term trend has been DOWN since Mar 26th, 2024 at 1441.84
Smart Scan Analysis for SP400-45201020
Based on our trend formula, SP400-45201020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1247.78 | 1254.91 | 1233.57 | 1249.68 | +3.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1249.68 | 2263414 | 2024-04-22 16:20:05 |
| 52wk High | 1778.62 | 52wk High Date | 2018-11-08 |
| 52wk Low | 1474.28 | 52wk Low Date | 2018-02-09 |