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Index Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
S&P 400 Telecommunication Services (Sector) (CME:SP400-50)
Countertrend Down (-85) - SP400-50 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 SP400-50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-50.
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 SP400-50
The long-term trend has been DOWN since Mar 4th, 2024 at 111.24
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 109.56
The short-term trend has been UP since Apr 4th, 2024 at 112.36
Smart Scan Analysis for SP400-50
Based on our trend formula, SP400-50 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 107.67 | 108.07 | 106.59 | 107.57 | -0.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 108.02 | 10178343 | 2024-04-16 17:04:06 |
| 52wk High | 167.75 | 52wk High Date | 2018-11-07 |
| 52wk Low | 125.16 | 52wk Low Date | 2018-02-09 |