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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P 600 - Pharmaceuticals (Industry) (CME:SP600-352020)

Sidelines Mode (-55) - SP600-352020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP600-352020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-352020.

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

CME_SP600-352020
Open High Low SP600-352020 Price Change
10258.94 10268.94 10153.30 10201.40 -92.83
Entry Signal

MarketClub’s Trade Triangles for SP600-352020

long term up The long-term trend has been UP since Feb 15th, 2024 at 10529.89

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 10545.87

short term up The short-term trend has been UP since Apr 23rd, 2024 at 10203.36

Smart Scan Analysis for SP600-352020

Based on our trend formula, SP600-352020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP600-352020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10258.94 10268.94 10153.30 10201.40 -92.83
Prev. Close Volume Bid Ask Time
10294.23 1040940 2024-04-24 10:58:11
52wk High16471.852wk High Date2018-08-08
52wk Low9596.4752wk Low Date2017-12-06
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