Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
S&P Composite 1500 Materials (Sector) (CME:SP1500-15)
Crossroads (-60) - SP1500-15 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-15?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP1500-15
The long-term trend has been UP since Aug 1st, 2024 at 633.27
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 633.34
The short-term trend has been DOWN since Nov 12th, 2024 at 642.04
Smart Scan Analysis for SP1500-15
Based on our trend formula, SP1500-15 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 623.08 | 626.86 | 620.54 | 626.12 | -1.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 626.12 | 186355993 | 2024-11-19 16:55:28 |
| 52wk High | 470.06 | 52wk High Date | 2017-12-06 |
| 52wk Low | 339.72 | 52wk Low Date | 2018-10-26 |