Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P Regional Banks Select Industry Index (CME:SPSIRBK)

Sidelines Mode (-55) - SPSIRBK 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 SPSIRBK?

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

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

CME_SPSIRBK
Open High Low SPSIRBK Price Change
1518.45 1536.11 1516.48 1532.93 +0.73
Entry Signal

MarketClub’s Trade Triangles for SPSIRBK

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 1434.93

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1478.06

short term up The short-term trend has been UP since Apr 19th, 2024 at 1460.24

Smart Scan Analysis for SPSIRBK

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

-55
Smart Scan Analysis for SPSIRBK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1518.45 1536.11 1516.48 1532.93 +0.73
Prev. Close Volume Bid Ask Time
1532.20 0 2024-04-24 14:31:03
52wk High2065.4252wk High Date2018-06-07
52wk Low1589.7152wk Low Date2018-10-24
Get a free daily analysis and signals for S&P Regional Banks Select Industry Index (SPSIRBK) - Request Your Free Report.