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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P 500 Quality, Value & Momentum Multi-factor Index (GBP) (CME:SPXQVMGP)
Crossroads (-60) - SPXQVMGP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPXQVMGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQVMGP.
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 SPXQVMGP
The long-term trend has been UP since Aug 1st, 2023 at 23855.81
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 28399.72
The short-term trend has been DOWN since Apr 25th, 2024 at 28209.26
Smart Scan Analysis for SPXQVMGP
Based on our trend formula, SPXQVMGP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28481.65 | 28481.65 | 27970.78 | 28229.27 | -324.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28275.60 | 0 | 2024-04-25 16:19:56 |