Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, October 4, 2024.
S&P 500 Consumer Staples (Sector) (CME:SP500-30)
Sidelines Mode (+55) - SP500-30 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Sep 30th, 2024 at 892.31
Smart Scan Analysis for SP500-30
Based on our trend formula, SP500-30 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 875.67 | 875.94 | 868.84 | 871.08 | -7.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 871.08 | 153642037 | 2024-10-03 16:18:54 |
| 52wk High | 606.9 | 52wk High Date | 2018-01-29 |
| 52wk Low | 500.2 | 52wk Low Date | 2018-05-03 |