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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P Food & Beverage Select Industry Index (CME:SPSIFB)

Bull Market Weakness (+75) - SPSIFB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPSIFB as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPSIFB?

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

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

CME_SPSIFB
Open High Low SPSIFB Price Change
7290.71 7326.20 7219.08 7318.90 +28.19
Entry Signal

MarketClub’s Trade Triangles for SPSIFB

long term up The long-term trend has been UP since Dec 14th, 2023 at 7162.89

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 7325.25

short term up The short-term trend has been UP since Apr 19th, 2024 at 7185.84

Smart Scan Analysis for SPSIFB

Based on our trend formula, SPSIFB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPSIFB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7290.71 7326.20 7219.08 7318.90 +28.19
Prev. Close Volume Bid Ask Time
7290.71 0 2024-04-24 17:07:32
52wk High5232.0552wk High Date2018-09-12
52wk Low4600.4252wk Low Date2018-05-04
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