Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
S&P EUROPE 350 - Materials (Sector ) (CME:SPE350-15)
Bull Market Weakness (+75) - SPE350-15 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPE350-15 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPE350-15?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPE350-15.
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 SPE350-15
The long-term trend has been UP since Dec 1st, 2023 at 3342.64
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 3625.92
The short-term trend has been UP since May 3rd, 2024 at 3702.09
Smart Scan Analysis for SPE350-15
Based on our trend formula, SPE350-15 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3686.01 | 3701.36 | 3683.83 | 3701.26 | +17.99 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3683.27 | 0 | 2024-05-06 07:33:22 |
| 52wk High | 2996.67 | 52wk High Date | 2018-06-15 |
| 52wk Low | 2405.92 | 52wk Low Date | 2018-11-29 |