Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

S&P Composite 1500 Banks (Industry Group) (CME:SP1500-4010)

Bull Market Weakness (+75) - SP1500-4010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-4010 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-4010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4010.

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

CME_SP1500-4010
Open High Low SP1500-4010 Price Change
502.55 502.55 495.44 498.97 -3.58
Entry Signal

MarketClub’s Trade Triangles for SP1500-4010

long term up The long-term trend has been UP since Oct 11th, 2024 at 447.08

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 463.77

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 496.37

Smart Scan Analysis for SP1500-4010

Based on our trend formula, SP1500-4010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP1500-4010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
502.55 502.55 495.44 498.97 -3.58
Prev. Close Volume Bid Ask Time
498.97 164065641 2024-11-19 16:55:29
52wk High389.9552wk High Date2018-01-29
52wk Low315.4352wk Low Date2018-10-24
Get a free daily analysis and signals for S&P Composite 1500 Banks (Industry Group) (SP1500-4010) - Request Your Free Report.