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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
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 UP since Jan 2nd, 2024 at 1281.28
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 1372.53
The short-term trend has been UP since Apr 22nd, 2024 at 1321.93
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 |
|---|---|---|---|---|
| 1341.78 | 1341.78 | 1325.38 | 1331.57 | -7.74 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1331.57 | 108599736 | 2024-04-24 17:07:33 |
| 52wk High | 941.92 | 52wk High Date | 2018-10-03 |
| 52wk Low | 775.13 | 52wk Low Date | 2018-05-03 |