Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P MidCap 400 Capped Energy (sector) Index (CME:SPMU4EP)
Bull Market Weakness (+75) - SPMU4EP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPMU4EP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPMU4EP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPMU4EP.
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 SPMU4EP
The long-term trend has been UP since Mar 1st, 2024 at 338.63
The intermediate-term trend has been UP since Feb 15th, 2024 at 324.38
The short-term trend has been UP since Apr 22nd, 2024 at 374.64
Smart Scan Analysis for SPMU4EP
Based on our trend formula, SPMU4EP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 371.65 | 375.58 | 367.78 | 374.33 | +2.68 |
| Prev. Close | Volume | Bid | Ask | Time |
| 374.33 | 0 | 2024-04-23 16:19:35 |