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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P MidCap 400 Capped Financials (sector) Index TR (CME:SPMU4FIT)

Sidelines Mode (-55) - SPMU4FIT 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 SPMU4FIT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMU4FIT.

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

CME_SPMU4FIT
Open High Low SPMU4FIT Price Change
2495.01 2498.85 2480.48 2488.34 -6.67
Entry Signal

MarketClub’s Trade Triangles for SPMU4FIT

long term up The long-term trend has been UP since Dec 1st, 2023 at 2210.41

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 2484.12

short term up The short-term trend has been UP since Apr 19th, 2024 at 2438.06

Smart Scan Analysis for SPMU4FIT

Based on our trend formula, SPMU4FIT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPMU4FIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2495.01 2498.85 2480.48 2488.34 -6.67
Prev. Close Volume Bid Ask Time
2495.01 0 2024-04-26 14:57:08
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