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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

S&P / Harel Telecommunications Index (CME:SPHLTCIP)

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

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

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

CME_SPHLTCIP
Open High Low SPHLTCIP Price Change
453.15 463.99 453.15 463.99 +10.84
Entry Signal

MarketClub’s Trade Triangles for SPHLTCIP

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 475.82

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 471.73

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 477.16

Smart Scan Analysis for SPHLTCIP

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

-90
Smart Scan Analysis for SPHLTCIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
453.15 463.99 453.15 463.99 +10.84
Prev. Close Volume Bid Ask Time
463.99 0 2024-04-18 12:34:03
52wk High690.352wk High Date2018-01-07
52wk Low484.5352wk Low Date2018-07-11
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