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Index Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
S&P 600 Banks (Industry Group) (CME:SP600-4010)
Sidelines Mode (-55) - SP600-4010 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 SP600-4010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-4010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP600-4010
The long-term trend has been DOWN since Apr 10th, 2024 at 497.13
The intermediate-term trend has been UP since May 3rd, 2024 at 522.60
The short-term trend has been DOWN since May 20th, 2024 at 531.52
Smart Scan Analysis for SP600-4010
Based on our trend formula, SP600-4010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 538.44 | 539.89 | 531.34 | 531.45 | -7.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 538.65 | 20423226 | 2024-05-20 17:03:44 |
| 52wk High | 641.52 | 52wk High Date | 2018-06-07 |
| 52wk Low | 513.34 | 52wk Low Date | 2018-10-24 |