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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

S&P U.S. Preferred Stock Index (NTR) (CME:SPPREFN)

Sidelines Mode (+55) - SPPREFN 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 SPPREFN?

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

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

CME_SPPREFN
Open High Low SPPREFN Price Change
1733.58 1733.58 1722.91 1731.01 -1.97
Entry Signal

MarketClub’s Trade Triangles for SPPREFN

long term up The long-term trend has been UP since Nov 29th, 2023 at 1633.64

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 1756.90

short term up The short-term trend has been UP since Apr 22nd, 2024 at 1709.09

Smart Scan Analysis for SPPREFN

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

+55
Smart Scan Analysis for SPPREFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1733.58 1733.58 1722.91 1731.01 -1.97
Prev. Close Volume Bid Ask Time
1731.01 0 2024-04-24 16:19:55
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