Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

S&P 500 Capped 35/20 Consumer Staples Index NTR (CME:SPSVCSN)

Countertrend Up (+85) - SPSVCSN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPSVCSN
Open High Low SPSVCSN Price Change
631.99 635.75 631.99 634.51 +2.52
Entry Signal

MarketClub’s Trade Triangles for SPSVCSN

long term up The long-term trend has been UP since Dec 28th, 2023 at 582.03

intermediate term up The intermediate-term trend has been UP since Apr 25th, 2024 at 625.92

short term down The short-term trend has been DOWN since May 22nd, 2024 at 636.96

Smart Scan Analysis for SPSVCSN

Based on our trend formula, SPSVCSN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPSVCSN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
631.99 635.75 631.99 634.51 +2.52
Prev. Close Volume Bid Ask Time
631.99 0 2024-05-24 12:40:27
Get a free daily analysis and signals for S&P 500 Capped 35/20 Consumer Staples Index NTR (SPSVCSN) - Request Your Free Report.