Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P 500 Telecommunication Services (Industry Group) (CME:SP500-5010)
Bull Market Weakness (+75) - SP500-5010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-5010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-5010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-5010
The long-term trend has been UP since Nov 1st, 2023 at 109.54
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 121.42
The short-term trend has been UP since May 7th, 2024 at 122.78
Smart Scan Analysis for SP500-5010
Based on our trend formula, SP500-5010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 122.71 | 123.03 | 122.34 | 123.03 | +0.43 |
| Prev. Close | Volume | Bid | Ask | Time |
| 122.60 | 6516490 | 2024-05-09 10:18:53 |
| 52wk High | 169.51 | 52wk High Date | 2018-02-01 |
| 52wk Low | 140.36 | 52wk Low Date | 2018-05-09 |