Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
S&P U.S. Preferred Stock Index (CME:SPPREF)
Bull Market Weakness (+75) - SPPREF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPPREF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPPREF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPPREF.
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 SPPREF
The long-term trend has been DOWN since Apr 16th, 2024 at 640.58
The intermediate-term trend has been UP since May 6th, 2024 at 658.33
The short-term trend has been UP since May 14th, 2024 at 657.88
Smart Scan Analysis for SPPREF
Based on our trend formula, SPPREF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 659.98 | 659.98 | 657.28 | 658.69 | -1.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 658.69 | 0 | 2024-05-17 16:19:30 |
| 52wk High | 802.76 | 52wk High Date | 2017-12-08 |
| 52wk Low | 730.71 | 52wk Low Date | 2018-11-29 |