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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) TR (CME:SPXQVMGT)
Sidelines Mode (+55) - SPXQVMGT 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 SPXQVMGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQVMGT.
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 SPXQVMGT
The long-term trend has been UP since Aug 1st, 2023 at 42501.85
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 51285.63
The short-term trend has been UP since Apr 26th, 2024 at 51839.41
Smart Scan Analysis for SPXQVMGT
Based on our trend formula, SPXQVMGT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51026.88 | 51859.66 | 51026.88 | 51762.40 | +680.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51082.03 | 0 | 2024-04-26 11:16:21 |