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Index Trend Analysis Report

Prepared for you on Wednesday, September 11, 2024.

S&P Composite 1500 - Biotechnology (Industry) (CME:SP1500-352010)

Countertrend Up (+85) - SP1500-352010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-352010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-352010.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP1500-352010
Open High Low SP1500-352010 Price Change
4744.37 4788.86 4696.15 4787.21 +42.84
Entry Signal

MarketClub’s Trade Triangles for SP1500-352010

long term up The long-term trend has been UP since Jun 5th, 2024 at 4399.86

intermediate term up The intermediate-term trend has been UP since Aug 19th, 2024 at 4812.61

short term down The short-term trend has been DOWN since Sep 4th, 2024 at 4791.65

Smart Scan Analysis for SP1500-352010

Based on our trend formula, SP1500-352010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP1500-352010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4744.37 4788.86 4696.15 4787.21 +42.84
Prev. Close Volume Bid Ask Time
4787.21 47083259 2024-09-10 16:19:15
52wk High3495.7752wk High Date2018-01-29
52wk Low2718.1352wk Low Date2018-10-25
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