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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
S&P MidCap 400 Capped Materials (sector) Index (CME:SPMU4MP)
Crossroads (-60) - SPMU4MP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPMU4MP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPMU4MP.
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 SPMU4MP
The long-term trend has been UP since Dec 13th, 2023 at 703.59
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 751.14
The short-term trend has been DOWN since Apr 4th, 2024 at 771.30
Smart Scan Analysis for SPMU4MP
Based on our trend formula, SPMU4MP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 736.32 | 736.32 | 718.76 | 729.99 | -6.33 |
| Prev. Close | Volume | Bid | Ask | Time |
| 736.32 | 0 | 2024-04-25 16:19:45 |