Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

S&P 500 Electric Utilities (Industry) (CME:SP500-551010)

Long-Term Uptrend (+90) - SP500-551010 is in a strong uptrend that is likely to continue. While SP500-551010 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 SP500-551010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-551010.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-551010
Open High Low SP500-551010 Price Change
374.74 378.46 372.46 375.59 +1.53
Entry Signal

MarketClub’s Trade Triangles for SP500-551010

long term up The long-term trend has been UP since Dec 14th, 2023 at 383.84

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 365.26

short term up The short-term trend has been UP since Mar 13th, 2024 at 376.18

Smart Scan Analysis for SP500-551010

Based on our trend formula, SP500-551010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-551010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
374.74 378.46 372.46 375.59 +1.53
Prev. Close Volume Bid Ask Time
374.06 83170027 2024-03-18 16:19:53
52wk High318.4952wk High Date2017-12-01
52wk Low264.5452wk Low Date2018-02-06
Get a free daily analysis and signals for S&P 500 Electric Utilities (Industry) (SP500-551010) - Request Your Free Report.