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Index Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
S&P Composite 1500 Software & Services (Industry Group) (CME:SP1500-4510)
Sidelines Mode (+55) - SP1500-4510 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SP1500-4510
The long-term trend has been UP since Nov 3rd, 2023 at 4262.64
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 5013.89
The short-term trend has been UP since May 3rd, 2024 at 4798.70
Smart Scan Analysis for SP1500-4510
Based on our trend formula, SP1500-4510 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4794.40 | 4839.88 | 4794.40 | 4834.58 | +84.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4834.58 | 114246991 | 2024-05-03 16:20:12 |
| 52wk High | 2149.08 | 52wk High Date | 2018-07-25 |
| 52wk Low | 1680.95 | 52wk Low Date | 2017-12-05 |