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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P ADR Index (CME:SPADR)
Sidelines Mode (+55) - SPADR 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 SPADR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPADR.
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 SPADR
The long-term trend has been UP since Dec 1st, 2023 at 1768.62
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1948.10
The short-term trend has been UP since Apr 22nd, 2024 at 1919.52
Smart Scan Analysis for SPADR
Based on our trend formula, SPADR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1935.15 | 1948.19 | 1916.16 | 1943.46 | +8.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1943.46 | 0 | 2024-04-25 16:19:55 |
| 52wk High | 1753.89 | 52wk High Date | 2018-01-25 |
| 52wk Low | 1423.89 | 52wk Low Date | 2018-10-26 |