Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
S&P 500 Consumer Staples (Sector) (CME:SP500-30)
Sidelines Mode (-50) - SP500-30 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SP500-30 can gain momentum.
Is it time to buy, sell, or avoid SP500-30?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-30
The long-term trend has been UP since Jan 2nd, 2024 at 762.96
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 878.73
The short-term trend has been DOWN since Nov 15th, 2024 at 865.07
Smart Scan Analysis for SP500-30
Based on our trend formula, SP500-30 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 868.58 | 872.16 | 864.02 | 869.49 | +2.92 |
| Prev. Close | Volume | Bid | Ask | Time |
| 869.49 | 211811475 | 2024-11-19 16:55:28 |
| 52wk High | 606.9 | 52wk High Date | 2018-01-29 |
| 52wk Low | 500.2 | 52wk Low Date | 2018-05-03 |