Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P 500 EQUAL WEIGHTED Utilities (Sector) (CME:SP500EW-55)
Long-Term Uptrend (+90) - SP500EW-55 is in a strong uptrend that is likely to continue. While SP500EW-55 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 SP500EW-55?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-55.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500EW-55
The long-term trend has been UP since Dec 13th, 2023 at 1727.68
The intermediate-term trend has been UP since Apr 23rd, 2024 at 1783.96
The short-term trend has been UP since Apr 19th, 2024 at 1739.03
Smart Scan Analysis for SP500EW-55
Based on our trend formula, SP500EW-55 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1793.57 | 1801.84 | 1772.66 | 1795.91 | +2.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1795.91 | 0 | 2024-04-25 16:19:45 |
| 52wk High | 1469.54 | 52wk High Date | 2017-12-01 |
| 52wk Low | 1227.11 | 52wk Low Date | 2018-02-06 |