Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

S&P North American Technology Multimedia Networking Index (CME:SPGSTIIP)

Countertrend Down (-85) - SPGSTIIP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SPGSTIIP?

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

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

CME_SPGSTIIP
Open High Low SPGSTIIP Price Change
250.52 258.24 250.52 253.84 +3.32
Entry Signal

MarketClub’s Trade Triangles for SPGSTIIP

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 266.37

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 266.37

short term up The short-term trend has been UP since May 3rd, 2024 at 256.28

Smart Scan Analysis for SPGSTIIP

Based on our trend formula, SPGSTIIP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPGSTIIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
250.52 258.24 250.52 253.84 +3.32
Prev. Close Volume Bid Ask Time
253.84 0 2024-05-03 16:17:00
52wk High239.152wk High Date2018-08-30
52wk Low199.652wk Low Date2017-12-06
Get a free daily analysis and signals for S&P North American Technology Multimedia Networking Index (SPGSTIIP) - Request Your Free Report.