Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P 500 Information Technology (Sector) (CME:SP500-45)
Bull Market Weakness (+75) - SP500-45 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-45 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-45?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45.
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 SP500-45
The long-term trend has been UP since Nov 10th, 2023 at 3177.30
The intermediate-term trend has been DOWN since Apr 9th, 2024 at 3730.44
The short-term trend has been UP since May 3rd, 2024 at 3700.37
Smart Scan Analysis for SP500-45
Based on our trend formula, SP500-45 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3753.02 | 3785.89 | 3752.12 | 3778.98 | +8.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3778.98 | 338307999 | 2024-05-08 17:00:39 |
| 52wk High | 1338.95 | 52wk High Date | 2018-10-03 |
| 52wk Low | 1057.51 | 52wk Low Date | 2018-02-09 |