Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P 500 Transportation (Industry Group) (TR) (CME:SP500-2030TR)
Weak Downtrend (-65) - SP500-2030TR is showing signs of a strengthening downtrend. Monitor SP500-2030TR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-2030TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2030TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-2030TR
The long-term trend has been DOWN since May 1st, 2024 at 1593.48
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 1686.67
The short-term trend has been DOWN since May 8th, 2024 at 1621.05
Smart Scan Analysis for SP500-2030TR
Based on our trend formula, SP500-2030TR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1642.10 | 1646.70 | 1638.26 | 1642.60 | +3.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1639.44 | 0 | 2024-05-10 16:19:50 |
| 52wk High | 1201.55 | 52wk High Date | 2018-09-21 |
| 52wk Low | 944.66 | 52wk Low Date | 2018-02-09 |