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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P Homebuilders Select Industry Index (CME:SPSIHO)

Weak Downtrend (-65) - SPSIHO is showing signs of a strengthening downtrend. Monitor SPSIHO as it may be building momentum to the downside.

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

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

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

CME_SPSIHO
Open High Low SPSIHO Price Change
10110.43 10198.65 10004.14 10063.09 -47.34
Entry Signal

MarketClub’s Trade Triangles for SPSIHO

long term up The long-term trend has been UP since Dec 1st, 2023 at 8474.10

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 10503.29

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 10973.58

Smart Scan Analysis for SPSIHO

Based on our trend formula, SPSIHO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPSIHO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10110.43 10198.65 10004.14 10063.09 -47.34
Prev. Close Volume Bid Ask Time
10110.43 0 2024-04-19 16:19:20
52wk High4756.2752wk High Date2018-01-24
52wk Low3198.2852wk Low Date2018-10-29
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