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Index Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
S&P Composite 1500 Consumer Durables & Apparel (Industry Group) (CME:SP1500-2520)
Sidelines Mode (+55) - SP1500-2520 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 SP1500-2520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2520.
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 SP1500-2520
The long-term trend has been UP since Dec 1st, 2022 at 506.06
The intermediate-term trend has been DOWN since May 12th, 2023 at 549.14
The short-term trend has been UP since May 30th, 2023 at 525.28
Smart Scan Analysis for SP1500-2520
Based on our trend formula, SP1500-2520 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 518.44 | 519.27 | 510.86 | 513.79 | -8.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 522.56 | 177120369 | 2023-05-31 16:19:57 |
| 52wk High | 462.86 | 52wk High Date | 2018-01-24 |
| 52wk Low | 373.47 | 52wk Low Date | 2018-10-26 |