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Index Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

S&P Composite 1500 Semiconductors (Sub Ind) (CME:SP1500-45301020)

Countertrend Up (+85) - SP1500-45301020 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 SP1500-45301020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45301020.

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

CME_SP1500-45301020
Open High Low SP1500-45301020 Price Change
5664.58 5816.37 5658.69 5814.19 +167.26
Entry Signal

MarketClub’s Trade Triangles for SP1500-45301020

long term up The long-term trend has been UP since Nov 14th, 2023 at 2846.02

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2024 at 5229.21

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 5852.69

Smart Scan Analysis for SP1500-45301020

Based on our trend formula, SP1500-45301020 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP1500-45301020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5664.58 5816.37 5658.69 5814.19 +167.26
Prev. Close Volume Bid Ask Time
5814.19 398523774 2024-11-19 16:55:28
52wk High1063.0452wk High Date2018-06-07
52wk Low813.8352wk Low Date2018-11-20
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