Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
S&P Composite 1500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP1500-3520)
Long-Term Downtrend (-90) - SP1500-3520 is in a strong downtrend that is likely to continue. While SP1500-3520 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-3520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-3520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP1500-3520
The long-term trend has been DOWN since Oct 30th, 2024 at 1474.28
The intermediate-term trend has been DOWN since Sep 11th, 2024 at 1563.56
The short-term trend has been DOWN since Nov 12th, 2024 at 1483.67
Smart Scan Analysis for SP1500-3520
Based on our trend formula, SP1500-3520 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1376.03 | 1376.03 | 1360.22 | 1374.65 | -1.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1374.65 | 226925394 | 2024-11-19 16:55:29 |
| 52wk High | 1010.82 | 52wk High Date | 2018-10-03 |
| 52wk Low | 831.3 | 52wk Low Date | 2018-05-03 |