Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
S&P Composite 1500 Industrials (Sector) (CME:SP1500-20)
Bull Market Weakness (+75) - SP1500-20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20.
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 SP1500-20
The long-term trend has been UP since Aug 26th, 2024 at 1214.69
The intermediate-term trend has been UP since Nov 6th, 2024 at 1298.87
The short-term trend has been DOWN since Nov 14th, 2024 at 1323.07
Smart Scan Analysis for SP1500-20
Based on our trend formula, SP1500-20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1287.10 | 1299.47 | 1286.92 | 1296.74 | -0.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1296.74 | 371183467 | 2024-11-19 16:55:28 |
| 52wk High | 727.84 | 52wk High Date | 2018-01-29 |
| 52wk Low | 604.88 | 52wk Low Date | 2018-10-29 |