Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P Composite 1500 Telecommunication Services (Industry Group) (CME:SP1500-5010)
Weak Uptrend (+65) - SP1500-5010 is showing signs of weakening momentum to the upside. Monitor SP1500-5010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-5010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-5010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP1500-5010
The long-term trend has been UP since Nov 1st, 2023 at 109.72
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 120.80
The short-term trend has been UP since May 7th, 2024 at 122.17
Smart Scan Analysis for SP1500-5010
Based on our trend formula, SP1500-5010 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 121.50 | 122.53 | 121.38 | 122.07 | +0.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 122.07 | 51764222 | 2024-05-08 17:00:40 |
| 52wk High | 168.62 | 52wk High Date | 2018-02-01 |
| 52wk Low | 140.06 | 52wk Low Date | 2018-05-09 |