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Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)
Strong Uptrend (+100) - SP500-3020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-3020 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 SP500-3020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.
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 SP500-3020
The long-term trend has been UP since Apr 24th, 2024 at 816.09
The intermediate-term trend has been UP since Apr 24th, 2024 at 814.24
The short-term trend has been UP since May 2nd, 2024 at 818.59
Smart Scan Analysis for SP500-3020
Based on our trend formula, SP500-3020 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 822.95 | 824.15 | 820.78 | 822.34 | +0.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 822.34 | 84647387 | 2024-05-08 17:00:39 |
| 52wk High | 742.94 | 52wk High Date | 2018-01-29 |
| 52wk Low | 604.67 | 52wk Low Date | 2018-05-15 |