Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P Composite 1500 Semiconductors (Sub Ind) (CME:SP1500-45301020)
Bull Market Weakness (+75) - SP1500-45301020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-45301020 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-45301020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45301020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP1500-45301020
The long-term trend has been UP since Nov 14th, 2023 at 2846.02
The intermediate-term trend has been UP since May 6th, 2024 at 4353.83
The short-term trend has been DOWN since May 9th, 2024 at 4257.84
Smart Scan Analysis for SP1500-45301020
Based on our trend formula, SP1500-45301020 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4320.87 | 4328.01 | 4242.69 | 4269.55 | -47.88 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4317.43 | 52693388 | 2024-05-09 10:49:57 |
| 52wk High | 1063.04 | 52wk High Date | 2018-06-07 |
| 52wk Low | 813.83 | 52wk Low Date | 2018-11-20 |