Index Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)
Long-Term Uptrend (+90) - SP500-3020 is in a strong uptrend that is likely to continue. While SP500-3020 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 SP500-3020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.
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 SP500-3020
The long-term trend has been UP since Jan 2nd, 2024 at 811.48
The intermediate-term trend has been UP since Mar 12th, 2024 at 796.67
The short-term trend has been UP since Mar 18th, 2024 at 801.25
Smart Scan Analysis for SP500-3020
Based on our trend formula, SP500-3020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
796.58 | 808.66 | 796.45 | 805.50 | +11.60 |
Prev. Close | Volume | Bid | Ask | Time |
793.90 | 137247954 | 2024-03-18 16:19:53 |
52wk High | 742.94 | 52wk High Date | 2018-01-29 |
52wk Low | 604.67 | 52wk Low Date | 2018-05-15 |