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Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
S&P Banks Select Industry Index (CME:SPSIBK)
Sidelines Mode (+55) - SPSIBK 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 SPSIBK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSIBK.
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 SPSIBK
The long-term trend has been UP since Dec 1st, 2023 at 892.56
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 971.95
The short-term trend has been UP since Apr 19th, 2024 at 966.23
Smart Scan Analysis for SPSIBK
Based on our trend formula, SPSIBK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 958.36 | 981.35 | 955.23 | 981.24 | +22.88 |
| Prev. Close | Volume | Bid | Ask | Time |
| 981.24 | 0 | 2024-04-19 16:19:15 |
| 52wk High | 1139.88 | 52wk High Date | 2018-03-12 |
| 52wk Low | 885.63 | 52wk Low Date | 2018-10-24 |