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Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
S&P 500 EQUAL WEIGHTED Utilities & Telecommunications (CME:SP500EWUTTL)
Bull Market Weakness (+75) - SP500EWUTTL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500EWUTTL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500EWUTTL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EWUTTL.
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 SP500EWUTTL
The long-term trend has been UP since Dec 13th, 2023 at 505.51
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 500.44
The short-term trend has been UP since Apr 19th, 2024 at 508.83
Smart Scan Analysis for SP500EWUTTL
Based on our trend formula, SP500EWUTTL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 507.43 | 516.31 | 507.43 | 515.21 | +7.78 |
| Prev. Close | Volume | Bid | Ask | Time |
| 515.21 | 0 | 2024-04-19 16:19:20 |
| 52wk High | 427.77 | 52wk High Date | 2018-11-20 |
| 52wk Low | 357.75 | 52wk Low Date | 2018-02-09 |