Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P 500 Materials (Industry Group) (CME:SP500-1510)
Countertrend Down (-85) - SP500-1510 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP500-1510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1510.
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 SP500-1510
The long-term trend has been DOWN since Dec 13th, 2024 at 558.84
The intermediate-term trend has been DOWN since Oct 25th, 2024 at 592.16
The short-term trend has been UP since Dec 26th, 2024 at 539.24
Smart Scan Analysis for SP500-1510
Based on our trend formula, SP500-1510 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 536.10 | 539.97 | 535.78 | 538.02 | -1.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 539.13 | 27240260 | 2024-12-26 14:59:38 |
| 52wk High | 402.07 | 52wk High Date | 2018-01-26 |
| 52wk Low | 302.06 | 52wk Low Date | 2017-12-06 |