Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P 400 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP400-4530)

Strong Downtrend (-100) - SP400-4530 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP400-4530 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP400-4530?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-4530.

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

CME_SP400-4530
Open High Low SP400-4530 Price Change
2957.19 3041.46 2949.72 3018.00 +65.68
Entry Signal

MarketClub’s Trade Triangles for SP400-4530

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 2951.57

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 3193.50

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 3252.80

Smart Scan Analysis for SP400-4530

Based on our trend formula, SP400-4530 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP400-4530
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2957.19 3041.46 2949.72 3018.00 +65.68
Prev. Close Volume Bid Ask Time
3018.00 14992115 2024-04-23 16:19:39
52wk High1420.9252wk High Date2018-03-13
52wk Low1047.452wk Low Date2018-10-24
Get a free daily analysis and signals for S&P 400 Semiconductors & Semiconductor Equipment (Industry Group) (SP400-4530) - Request Your Free Report.