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Index Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
S&P 500 Materials (Sector) (CME:SP500-15)
Crossroads (-60) - SP500-15 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-15?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15.
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 SP500-15
The long-term trend has been UP since Aug 1st, 2024 at 585.97
The intermediate-term trend has been DOWN since Oct 25th, 2024 at 592.16
The short-term trend has been DOWN since Nov 11th, 2024 at 591.32
Smart Scan Analysis for SP500-15
Based on our trend formula, SP500-15 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 573.85 | 577.16 | 570.92 | 576.35 | -1.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 576.35 | 121378700 | 2024-11-19 16:55:28 |
| 52wk High | 402.11 | 52wk High Date | 2018-01-26 |
| 52wk Low | 313.47 | 52wk Low Date | 2018-10-26 |