Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P Composite 1500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP1500-3520)
Strong Uptrend (+100) - SP1500-3520 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-3520 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 SP1500-3520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-3520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP1500-3520
The long-term trend has been UP since Jan 2nd, 2024 at 1371.88
The intermediate-term trend has been UP since May 7th, 2024 at 1449.07
The short-term trend has been UP since Apr 22nd, 2024 at 1411.12
Smart Scan Analysis for SP1500-3520
Based on our trend formula, SP1500-3520 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1454.10 | 1455.95 | 1450.42 | 1452.38 | -1.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1454.10 | 156248201 | 2024-05-08 17:00:39 |
| 52wk High | 1010.82 | 52wk High Date | 2018-10-03 |
| 52wk Low | 831.3 | 52wk Low Date | 2018-05-03 |