Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
S&P MidCap 400 Equal Weighted Index (CME:SP400EW)
Bull Market Weakness (+75) - SP400EW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP400EW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP400EW?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400EW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP400EW
The long-term trend has been UP since Dec 13th, 2023 at 2175.67
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 2304.82
The short-term trend has been UP since May 3rd, 2024 at 2311.27
Smart Scan Analysis for SP400EW
Based on our trend formula, SP400EW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2305.23 | 2346.84 | 2305.23 | 2327.07 | +21.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2327.07 | 0 | 2024-05-03 16:19:45 |
| 52wk High | 1632.09 | 52wk High Date | 2018-08-27 |
| 52wk Low | 1395.27 | 52wk Low Date | 2018-02-09 |