Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
S&P Composite 1500 Financials (Sector) (CME:SP1500-40)
Countertrend Up (+85) - SP1500-40 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 SP1500-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40.
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 SP1500-40
The long-term trend has been UP since Nov 30th, 2023 at 637.29
The intermediate-term trend has been UP since Nov 6th, 2024 at 854.80
The short-term trend has been DOWN since Dec 2nd, 2024 at 909.05
Smart Scan Analysis for SP1500-40
Based on our trend formula, SP1500-40 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 901.74 | 903.78 | 898.20 | 901.04 | +0.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 901.04 | 318180565 | 2024-12-06 16:19:04 |
| 52wk High | 551.58 | 52wk High Date | 2018-01-29 |
| 52wk Low | 456.14 | 52wk Low Date | 2018-10-26 |