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Index Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
S&P 500 Automobiles & Components (Industry Group) (CME:SP500-2510)
Long-Term Downtrend (-90) - SP500-2510 is in a strong downtrend that is likely to continue. While SP500-2510 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-2510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2510.
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 SP500-2510
The long-term trend has been DOWN since Feb 22nd, 2022 at 154.29
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 174.64
The short-term trend has been DOWN since Jun 29th, 2022 at 128.36
Smart Scan Analysis for SP500-2510
Based on our trend formula, SP500-2510 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 124.93 | 127.48 | 118.72 | 127.46 | +2.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 124.93 | 138508824 | 2022-07-05 17:04:12 |
| 52wk High | 152.84 | 52wk High Date | 2018-01-16 |
| 52wk Low | 101.04 | 52wk Low Date | 2018-10-24 |