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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

S&P Composite 1500 - Pharmaceuticals (Industry) (CME:SP1500-352020)

Long-Term Downtrend (-90) - SP1500-352020 is in a strong downtrend that is likely to continue. While SP1500-352020 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 SP1500-352020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-352020.

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

CME_SP1500-352020
Open High Low SP1500-352020 Price Change
1065.74 1066.88 1052.59 1066.88 +1.14
Entry Signal

MarketClub’s Trade Triangles for SP1500-352020

long term down The long-term trend has been DOWN since Oct 30th, 2024 at 1116.96

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2024 at 1208.06

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 1120.84

Smart Scan Analysis for SP1500-352020

Based on our trend formula, SP1500-352020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-352020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1065.74 1066.88 1052.59 1066.88 +1.14
Prev. Close Volume Bid Ask Time
1066.88 113683542 2024-11-19 16:55:28
52wk High747.6952wk High Date2018-10-09
52wk Low602.8552wk Low Date2018-05-03
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