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Index Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
S&P Composite 1500 - Biotechnology (Industry) (CME:SP1500-352010)
Bull Market Weakness (+75) - SP1500-352010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-352010 as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for SP1500-352010
The long-term trend has been DOWN since Apr 4th, 2024 at 4155.70
The intermediate-term trend has been UP since May 3rd, 2024 at 4191.59
The short-term trend has been UP since May 1st, 2024 at 4068.62
Smart Scan Analysis for SP1500-352010
Based on our trend formula, SP1500-352010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4113.90 | 4239.02 | 4113.90 | 4235.19 | +121.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4235.19 | 50905060 | 2024-05-03 16:19:45 |
| 52wk High | 3495.77 | 52wk High Date | 2018-01-29 |
| 52wk Low | 2718.13 | 52wk Low Date | 2018-10-25 |