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Index Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)
Bear Market Rally (-75) - SP500-3520 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-3520 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP500-3520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3520.
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 SP500-3520
The long-term trend has been DOWN since Oct 30th, 2024 at 1382.60
The intermediate-term trend has been DOWN since Sep 11th, 2024 at 1468.18
The short-term trend has been UP since Nov 6th, 2024 at 1414.63
Smart Scan Analysis for SP500-3520
Based on our trend formula, SP500-3520 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1275.86 | 1284.06 | 1270.37 | 1283.02 | -2.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1283.02 | 159122335 | 2024-11-19 16:55:28 |
| 52wk High | 941.92 | 52wk High Date | 2018-10-03 |
| 52wk Low | 775.13 | 52wk Low Date | 2018-05-03 |