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Index Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

S&P 400 Telecommunication Services (Industry Group) (CME:SP400-5010)

Long-Term Downtrend (-90) - SP400-5010 is in a strong downtrend that is likely to continue. While SP400-5010 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 SP400-5010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-5010.

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

CME_SP400-5010
Open High Low SP400-5010 Price Change
83.25 90.20 81.23 88.18 +5.57
Entry Signal

MarketClub’s Trade Triangles for SP400-5010

long term down The long-term trend has been DOWN since Oct 3rd, 2019 at 128.03

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2020 at 119.38

short term down The short-term trend has been DOWN since Mar 20th, 2020 at 87.81

Smart Scan Analysis for SP400-5010

Based on our trend formula, SP400-5010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP400-5010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.25 90.20 81.23 88.18 +5.57
Prev. Close Volume Bid Ask Time
89.40 6791196 2020-04-03 17:10:00
52wk High191.2252wk High Date2018-11-28
52wk Low125.1652wk Low Date2018-02-09
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