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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P 600 Gas Utilities (Industry) (CME:SP600-551020)

Sidelines Mode (-50) - SP600-551020 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SP600-551020 can gain momentum.

Is it time to buy, sell, or avoid SP600-551020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-551020.

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

CME_SP600-551020
Open High Low SP600-551020 Price Change
737.40 738.71 731.31 731.84 -0.76
Entry Signal

MarketClub’s Trade Triangles for SP600-551020

long term up The long-term trend has been UP since May 1st, 2024 at 673.25

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 725.07

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 736.66

Smart Scan Analysis for SP600-551020

Based on our trend formula, SP600-551020 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for SP600-551020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
737.40 738.71 731.31 731.84 -0.76
Prev. Close Volume Bid Ask Time
731.84 298826 2024-10-25 16:19:56
52wk High881.7652wk High Date2017-12-04
52wk Low660.652wk Low Date2018-02-06
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