Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
S&P 600 Food Beverage & Tobacco (Industry Group) (CME:SP600-3020)
Bull Market Weakness (+75) - SP600-3020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP600-3020 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP600-3020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-3020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP600-3020
The long-term trend has been DOWN since Apr 10th, 2024 at 2736.56
The intermediate-term trend has been UP since May 1st, 2024 at 2801.64
The short-term trend has been UP since May 7th, 2024 at 2856.03
Smart Scan Analysis for SP600-3020
Based on our trend formula, SP600-3020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2869.46 | 2879.59 | 2860.36 | 2873.63 | -4.50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2878.13 | 3553912 | 2024-05-08 13:51:26 |
| 52wk High | 2475.96 | 52wk High Date | 2018-07-06 |
| 52wk Low | 2031.14 | 52wk Low Date | 2018-05-03 |