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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P Total Market Index (TMI) Food Beverage & Tobacco (Industry Group) (CME:STM3020)

Long-Term Uptrend (+90) - STM3020 is in a strong uptrend that is likely to continue. While STM3020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid STM3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for STM3020.

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

CME_STM3020
Open High Low STM3020 Price Change
3946.56 3970.05 3902.48 3913.13 -18.61
Entry Signal

MarketClub’s Trade Triangles for STM3020

long term up The long-term trend has been UP since Jan 2nd, 2024 at 3883.05

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 3913.38

short term up The short-term trend has been UP since Apr 18th, 2024 at 3758.36

Smart Scan Analysis for STM3020

Based on our trend formula, STM3020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for STM3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3946.56 3970.05 3902.48 3913.13 -18.61
Prev. Close Volume Bid Ask Time
3913.13 0 2024-04-25 16:20:03
52wk High3540.9852wk High Date2018-01-29
52wk Low2917.3852wk Low Date2018-05-03
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