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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P 600 Telecommunication Services (Industry Group) (CME:SP600-5010)

Long-Term Downtrend (-90) - SP600-5010 is in a strong downtrend that is likely to continue. While SP600-5010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP600-5010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-5010.

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

CME_SP600-5010
Open High Low SP600-5010 Price Change
2.31 2.34 2.30 2.34 +0.03
Entry Signal

MarketClub’s Trade Triangles for SP600-5010

long term down The long-term trend has been DOWN since Mar 13th, 2024 at 2.59

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2024 at 2.65

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 2.35

Smart Scan Analysis for SP600-5010

Based on our trend formula, SP600-5010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-5010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.31 2.34 2.30 2.34 +0.03
Prev. Close Volume Bid Ask Time
2.31 1100752 2024-04-19 10:06:56
52wk High3.6252wk High Date2018-10-01
52wk Low2.6152wk Low Date2018-04-02
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