Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P Composite 1500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP1500-3520)
Long-Term Uptrend (+90) - SP1500-3520 is in a strong uptrend that is likely to continue. While SP1500-3520 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jan 2nd, 2024 at 1371.88
The intermediate-term trend has been UP since Jul 11th, 2024 at 1534.53
The short-term trend has been UP since Jul 24th, 2024 at 1538.27
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 |
|---|---|---|---|---|
| 1544.01 | 1565.89 | 1544.01 | 1554.90 | +10.89 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1544.01 | 193064433 | 2024-07-26 16:20:00 |
| 52wk High | 1010.82 | 52wk High Date | 2018-10-03 |
| 52wk Low | 831.3 | 52wk Low Date | 2018-05-03 |