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Index Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
S&P 500 - Electronic Manufacturing Services (Sub Ind) (CME:SP500-45203020)
Countertrend Down (-85) - SP500-45203020 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP500-45203020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45203020.
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 SP500-45203020
The long-term trend has been DOWN since May 1st, 2024 at 310.56
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 324.81
The short-term trend has been UP since May 6th, 2024 at 317.25
Smart Scan Analysis for SP500-45203020
Based on our trend formula, SP500-45203020 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 318.49 | 319.86 | 317.80 | 318.04 | +0.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 317.40 | 2261146 | 2024-05-07 17:06:15 |
| 52wk High | 288.72 | 52wk High Date | 2018-01-24 |
| 52wk Low | 186.13 | 52wk Low Date | 2018-10-30 |