Index Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
S&P 400 Multi Utilities (Industry) (CME:SP400-551030)
Long-Term Downtrend (-90) - SP400-551030 is in a strong downtrend that is likely to continue. While SP400-551030 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 SP400-551030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-551030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-551030
The long-term trend has been DOWN since Mar 10th, 2023 at 348.27
The intermediate-term trend has been DOWN since Jan 18th, 2023 at 381.07
The short-term trend has been DOWN since Mar 21st, 2023 at 347.77
Smart Scan Analysis for SP400-551030
Based on our trend formula, SP400-551030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||387.45||52wk High Date||2018-07-06|
|52wk Low||318.1||52wk Low Date||2018-02-06|