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Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P Composite 1500 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP1500-4530)
Strong Uptrend (+100) - SP1500-4530 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-4530 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 SP1500-4530?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4530.
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 SP1500-4530
The long-term trend has been UP since Nov 14th, 2023 at 3008.50
The intermediate-term trend has been UP since May 6th, 2024 at 4499.23
The short-term trend has been UP since May 6th, 2024 at 4385.23
Smart Scan Analysis for SP1500-4530
Based on our trend formula, SP1500-4530 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4405.24 | 4476.02 | 4405.24 | 4456.64 | +4.89 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4456.64 | 192706535 | 2024-05-08 17:00:40 |
| 52wk High | 1092.59 | 52wk High Date | 2018-06-07 |
| 52wk Low | 825.98 | 52wk Low Date | 2018-10-29 |