Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P 400 Semiconductor Equipment (Sub Ind) (CME:SP400-45301010)

Countertrend Down (-85) - SP400-45301010 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 SP400-45301010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-45301010.

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

CME_SP400-45301010
Open High Low SP400-45301010 Price Change
2523.89 2562.30 2521.82 2529.79 +29.70
Entry Signal

MarketClub’s Trade Triangles for SP400-45301010

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 2489.36

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 2511.34

short term up The short-term trend has been UP since Oct 25th, 2024 at 2554.84

Smart Scan Analysis for SP400-45301010

Based on our trend formula, SP400-45301010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP400-45301010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2523.89 2562.30 2521.82 2529.79 +29.70
Prev. Close Volume Bid Ask Time
2529.79 2409124 2024-10-25 16:20:09
52wk High839.9752wk High Date2018-03-13
52wk Low512.3552wk Low Date2018-10-24
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