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Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
S&P MidCap 400 Capped Utilities & Telecom Services (sector) Index (CME:SPMU4UP)
Sidelines Mode (-55) - SPMU4UP 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 SPMU4UP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPMU4UP.
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 SPMU4UP
The long-term trend has been UP since Dec 14th, 2023 at 433.36
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 444.86
The short-term trend has been UP since Apr 19th, 2024 at 446.52
Smart Scan Analysis for SPMU4UP
Based on our trend formula, SPMU4UP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 448.33 | 453.81 | 446.56 | 451.10 | +2.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 451.10 | 0 | 2024-04-22 16:20:00 |