Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
S&P Composite 1500 Financials (Sector) (CME:SP1500-40)
Long-Term Uptrend (+90) - SP1500-40 is in a strong uptrend that is likely to continue. While SP1500-40 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 SP1500-40?
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.
|
|||||||||||||||
|
|||||||||||||||
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 Oct 9th, 2024 at 817.29
The short-term trend has been UP since Oct 25th, 2024 at 843.08
Smart Scan Analysis for SP1500-40
Based on our trend formula, SP1500-40 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 844.96 | 846.37 | 830.36 | 832.42 | -9.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 832.42 | 368106282 | 2024-10-25 16:19:59 |
| 52wk High | 551.58 | 52wk High Date | 2018-01-29 |
| 52wk Low | 456.14 | 52wk Low Date | 2018-10-26 |