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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)
Countertrend Down (-85) - SP500-3520 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Dec 24th, 2024 at 1313.43
Smart Scan Analysis for SP500-3520
Based on our trend formula, SP500-3520 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1310.92 | 1317.52 | 1310.80 | 1313.95 | -2.46 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1316.41 | 37358380 | 2024-12-26 14:36:32 |
| 52wk High | 941.92 | 52wk High Date | 2018-10-03 |
| 52wk Low | 775.13 | 52wk Low Date | 2018-05-03 |