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Mutual Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
FRANKLIN S&P 500 INDEX FUND CLASS A (NASDAQ:SBSPX)
Sidelines Mode (+55) - SBSPX 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 SBSPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBSPX.
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 SBSPX
The long-term trend has been UP since Nov 30th, 2023 at 35.61
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 39.93
The short-term trend has been UP since Apr 23rd, 2024 at 38.89
Smart Scan Analysis for SBSPX
Based on our trend formula, SBSPX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.35 | 39.35 | 39.35 | 39.36 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.35 | 0 | 39.36 | 39.36 | 2024-04-24 18:45:00 |
| 52wk High | 40.76 | 52wk High Date | 2024-03-28 |
| 52wk Low | 31.47 | 52wk Low Date | 2023-04-26 |
| Year End Close | 36.92 | Payment Date | 2019-12-05 |