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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P Composite 1500 Technology Hardware & Equipment (Industry Group) (CME:SP1500-4520)
Bull Market Weakness (+75) - SP1500-4520 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-4520 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-4520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4520.
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 SP1500-4520
The long-term trend has been DOWN since Mar 5th, 2024 at 3030.48
The intermediate-term trend has been UP since May 3rd, 2024 at 3089.62
The short-term trend has been UP since May 3rd, 2024 at 3037.97
Smart Scan Analysis for SP1500-4520
Based on our trend formula, SP1500-4520 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3181.00 | 3184.32 | 3148.19 | 3161.28 | -13.92 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3175.20 | 129095651 | 2024-05-10 16:19:42 |
| 52wk High | 1271.17 | 52wk High Date | 2018-10-03 |
| 52wk Low | 915.11 | 52wk Low Date | 2018-02-09 |