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Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
S&P Composite 1500 Retailing (Industry Group) (CME:SP1500-2550)
Strong Uptrend (+100) - SP1500-2550 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-2550 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP1500-2550?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2550.
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 SP1500-2550
The long-term trend has been UP since Dec 1st, 2023 at 3448.76
The intermediate-term trend has been UP since May 7th, 2024 at 4144.73
The short-term trend has been UP since Apr 26th, 2024 at 4018.93
Smart Scan Analysis for SP1500-2550
Based on our trend formula, SP1500-2550 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4116.10 | 4129.61 | 4101.47 | 4123.45 | -15.86 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4139.31 | 133483718 | 2024-05-08 17:00:40 |
| 52wk High | 2283.76 | 52wk High Date | 2018-10-01 |
| 52wk Low | 1556.41 | 52wk Low Date | 2017-12-01 |