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Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)
Strong Uptrend (+100) - SP500-3520 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-3520 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 SP500-3520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3520.
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 SP500-3520
The long-term trend has been UP since Jan 2nd, 2024 at 1281.28
The intermediate-term trend has been UP since May 7th, 2024 at 1357.29
The short-term trend has been UP since Apr 30th, 2024 at 1331.44
Smart Scan Analysis for SP500-3520
Based on our trend formula, SP500-3520 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1360.68 | 1365.37 | 1359.94 | 1362.14 | +1.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1360.60 | 37497237 | 2024-05-09 11:37:02 |
| 52wk High | 941.92 | 52wk High Date | 2018-10-03 |
| 52wk Low | 775.13 | 52wk Low Date | 2018-05-03 |