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Index Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)
Sidelines Mode (-55) - SP500-3520 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 SP500-3520?
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 1st, 2021 at 1171.51
The intermediate-term trend has been DOWN since Sep 9th, 2021 at 1243.85
The short-term trend has been UP since Oct 15th, 2021 at 1171.95
Smart Scan Analysis for SP500-3520
Based on our trend formula, SP500-3520 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1193.90 | 1194.30 | 1182.92 | 1192.07 | +1.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1190.32 | 79509175 | 2021-10-21 16:19:53 |
| 52wk High | 941.92 | 52wk High Date | 2018-10-03 |
| 52wk Low | 775.13 | 52wk Low Date | 2018-05-03 |