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Index Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

S&P Composite 1500 Utilities (Industry Group) (CME:SP1500-5510)

Bull Market Weakness (+75) - SP1500-5510 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-5510 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-5510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-5510.

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

CME_SP1500-5510
Open High Low SP1500-5510 Price Change
455.53 460.06 453.37 460.00 +2.88
Entry Signal

MarketClub’s Trade Triangles for SP1500-5510

long term up The long-term trend has been UP since Dec 13th, 2023 at 372.22

intermediate term down The intermediate-term trend has been DOWN since Nov 1st, 2024 at 446.97

short term up The short-term trend has been UP since Nov 18th, 2024 at 454.00

Smart Scan Analysis for SP1500-5510

Based on our trend formula, SP1500-5510 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP1500-5510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
455.53 460.06 453.37 460.00 +2.88
Prev. Close Volume Bid Ask Time
460.00 124868728 2024-11-19 16:55:29
52wk High330.8752wk High Date2017-12-01
52wk Low277.1752wk Low Date2018-02-06
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