Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P 500 Semiconductor & Semiconductor Equipment (Industry) (CME:SP500-453010)
Countertrend Up (+85) - SP500-453010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500-453010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-453010.
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 SP500-453010
The long-term trend has been UP since Nov 14th, 2023 at 2987.62
The intermediate-term trend has been UP since May 6th, 2024 at 4535.82
The short-term trend has been DOWN since May 9th, 2024 at 4425.56
Smart Scan Analysis for SP500-453010
Based on our trend formula, SP500-453010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4489.98 | 4500.49 | 4412.16 | 4451.68 | -36.71 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4488.39 | 82912499 | 2024-05-09 12:58:23 |
| 52wk High | 1095.24 | 52wk High Date | 2018-06-07 |
| 52wk Low | 826.22 | 52wk Low Date | 2018-11-20 |