Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

S&P Composite 1500 Software (Industry) (CME:SP1500-451030)

Countertrend Up (+85) - SP1500-451030 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 SP1500-451030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-451030.

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

CME_SP1500-451030
Open High Low SP1500-451030 Price Change
7342.51 7450.14 7329.25 7447.10 +35.54
Entry Signal

MarketClub’s Trade Triangles for SP1500-451030

long term up The long-term trend has been UP since Nov 7th, 2024 at 7456.36

intermediate term up The intermediate-term trend has been UP since Oct 22nd, 2024 at 7305.06

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 7508.77

Smart Scan Analysis for SP1500-451030

Based on our trend formula, SP1500-451030 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP1500-451030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7342.51 7450.14 7329.25 7447.10 +35.54
Prev. Close Volume Bid Ask Time
7447.10 244204669 2024-11-19 16:55:28
52wk High2325.4352wk High Date2018-10-01
52wk Low1656.7752wk Low Date2017-12-06
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