Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

S&P Composite 1500 Software & Services (Industry Group) (CME:SP1500-4510)

Long-Term Downtrend (-90) - SP1500-4510 is in a strong downtrend that is likely to continue. While SP1500-4510 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 SP1500-4510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4510.

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

CME_SP1500-4510
Open High Low SP1500-4510 Price Change
3229.80 3273.56 3212.23 3270.82 +36.83
Entry Signal

MarketClub’s Trade Triangles for SP1500-4510

long term down The long-term trend has been DOWN since Jan 19th, 2022 at 3918.77

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 3234.35

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 3251.57

Smart Scan Analysis for SP1500-4510

Based on our trend formula, SP1500-4510 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-4510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3229.80 3273.56 3212.23 3270.82 +36.83
Prev. Close Volume Bid Ask Time
3270.82 129180538 2022-07-01 16:19:42
52wk High2149.0852wk High Date2018-07-25
52wk Low1680.9552wk Low Date2017-12-05
Get a free daily analysis and signals for S&P Composite 1500 Software & Services (Industry Group) (SP1500-4510) - Request Your Free Report.