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Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
S&P 500 EQUAL WEIGHTED Consumer Staples (Sector) (CME:SP500EW-30)
Sidelines Mode (+55) - SP500EW-30 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500EW-30?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-30.
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 SP500EW-30
The long-term trend has been UP since Jan 2nd, 2024 at 5628.99
The intermediate-term trend has been DOWN since Apr 9th, 2024 at 5694.44
The short-term trend has been UP since Apr 18th, 2024 at 5610.28
Smart Scan Analysis for SP500EW-30
Based on our trend formula, SP500EW-30 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5575.12 | 5617.00 | 5575.12 | 5609.63 | +34.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5575.12 | 0 | 2024-04-18 16:19:40 |
| 52wk High | 4892.44 | 52wk High Date | 2018-01-29 |
| 52wk Low | 4162.07 | 52wk Low Date | 2018-05-03 |