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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P 500 Airlines (Industry) (CME:SP500-203020)
Long-Term Uptrend (+90) - SP500-203020 is in a strong uptrend that is likely to continue. While SP500-203020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-203020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-203020.
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 SP500-203020
The long-term trend has been UP since Feb 9th, 2024 at 200.40
The intermediate-term trend has been UP since Apr 19th, 2024 at 217.83
The short-term trend has been UP since May 3rd, 2024 at 216.24
Smart Scan Analysis for SP500-203020
Based on our trend formula, SP500-203020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 221.16 | 223.32 | 220.25 | 222.46 | +0.79 |
| Prev. Close | Volume | Bid | Ask | Time |
| 222.46 | 39129100 | 2024-05-09 16:20:03 |
| 52wk High | 393.95 | 52wk High Date | 2018-01-16 |
| 52wk Low | 303.4 | 52wk Low Date | 2018-06-28 |