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Index Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

S&P 600 - Mortgage Real Estate Investment Trusts (REITs) (Industry) (CME:SP600-402040)

Weak Downtrend (-65) - SP600-402040 is showing signs of a strengthening downtrend. Monitor SP600-402040 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP600-402040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-402040.

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

CME_SP600-402040
Open High Low SP600-402040 Price Change
27.06 27.06 26.60 26.90 +0.22
Entry Signal

MarketClub’s Trade Triangles for SP600-402040

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 26.16

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 27.29

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 26.57

Smart Scan Analysis for SP600-402040

Based on our trend formula, SP600-402040 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP600-402040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.06 27.06 26.60 26.90 +0.22
Prev. Close Volume Bid Ask Time
26.68 17783727 2024-05-02 16:19:09
52wk High83.3452wk High Date2017-12-18
52wk Low71.6452wk Low Date2018-02-06
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