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Index Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)
Strong Downtrend (-100) - SP500-3020 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP500-3020 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-3020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.
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 SP500-3020
The long-term trend has been DOWN since Nov 6th, 2024 at 841.15
The intermediate-term trend has been DOWN since Sep 26th, 2024 at 873.10
The short-term trend has been DOWN since Nov 15th, 2024 at 831.83
Smart Scan Analysis for SP500-3020
Based on our trend formula, SP500-3020 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 825.56 | 827.73 | 820.45 | 825.82 | -2.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 825.82 | 100015794 | 2024-11-19 16:55:28 |
| 52wk High | 742.94 | 52wk High Date | 2018-01-29 |
| 52wk Low | 604.67 | 52wk Low Date | 2018-05-15 |