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Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
S&P MidCap 400 Capped Consumer Discretionary (sector) Index TR (CME:SPMU4CDT)
Sidelines Mode (-55) - SPMU4CDT 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 SPMU4CDT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPMU4CDT.
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 SPMU4CDT
The long-term trend has been UP since Dec 1st, 2022 at 1395.75
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 1441.17
The short-term trend has been UP since Mar 20th, 2023 at 1359.65
Smart Scan Analysis for SPMU4CDT
Based on our trend formula, SPMU4CDT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1372.16 | 1387.61 | 1353.87 | 1353.91 | -18.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1372.16 | 0 | 2023-03-22 15:54:58 |