Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P 600 Water Utilities (Sub Ind) (CME:SP600-55104010)

Long-Term Downtrend (-90) - SP600-55104010 is in a strong downtrend that is likely to continue. While SP600-55104010 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 SP600-55104010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-55104010.

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

CME_SP600-55104010
Open High Low SP600-55104010 Price Change
2799.78 2826.74 2798.69 2817.60 +24.23
Entry Signal

MarketClub’s Trade Triangles for SP600-55104010

long term down The long-term trend has been DOWN since Jan 24th, 2024 at 3125.01

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2023 at 3460.62

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 2885.16

Smart Scan Analysis for SP600-55104010

Based on our trend formula, SP600-55104010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP600-55104010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2799.78 2826.74 2798.69 2817.60 +24.23
Prev. Close Volume Bid Ask Time
2817.60 722661 2024-04-17 16:19:26
52wk High3153.1152wk High Date2018-11-28
52wk Low2348.0252wk Low Date2018-03-06
Get a free daily analysis and signals for S&P 600 Water Utilities (Sub Ind) (SP600-55104010) - Request Your Free Report.