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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P U.S. Floating Rate Preferred Stock Index (CME:SPPREFR)

Sidelines Mode (+55) - SPPREFR 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 SPPREFR?

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

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

CME_SPPREFR
Open High Low SPPREFR Price Change
814.58 817.26 806.23 806.23 -8.78
Entry Signal

MarketClub’s Trade Triangles for SPPREFR

long term up The long-term trend has been UP since Sep 18th, 2023 at 753.03

intermediate term up The intermediate-term trend has been UP since Nov 2nd, 2023 at 746.05

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 821.27

Smart Scan Analysis for SPPREFR

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

+55
Smart Scan Analysis for SPPREFR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
814.58 817.26 806.23 806.23 -8.78
Prev. Close Volume Bid Ask Time
815.01 0 2024-03-28 16:19:39
52wk High862.5452wk High Date2018-07-06
52wk Low724.152wk Low Date2018-11-29
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