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Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P Composite 1500 Financials (Sector) (CME:SP1500-40)
Strong Uptrend (+100) - SP1500-40 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-40 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 SP1500-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40.
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 SP1500-40
The long-term trend has been UP since Nov 30th, 2023 at 637.29
The intermediate-term trend has been UP since May 7th, 2024 at 734.95
The short-term trend has been UP since May 6th, 2024 at 727.81
Smart Scan Analysis for SP1500-40
Based on our trend formula, SP1500-40 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 733.99 | 738.67 | 732.37 | 737.62 | +2.85 |
| Prev. Close | Volume | Bid | Ask | Time |
| 737.62 | 377871818 | 2024-05-08 17:00:39 |
| 52wk High | 551.58 | 52wk High Date | 2018-01-29 |
| 52wk Low | 456.14 | 52wk Low Date | 2018-10-26 |