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Index Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
S&P 500 - Pharmaceuticals (Industry) (CME:SP500-352020)
Long-Term Downtrend (-90) - SP500-352020 is in a strong downtrend that is likely to continue. While SP500-352020 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-352020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-352020.
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 SP500-352020
The long-term trend has been DOWN since Oct 30th, 2024 at 1083.54
The intermediate-term trend has been DOWN since Sep 26th, 2024 at 1173.11
The short-term trend has been DOWN since Nov 13th, 2024 at 1084.65
Smart Scan Analysis for SP500-352020
Based on our trend formula, SP500-352020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1023.09 | 1032.43 | 1018.56 | 1032.43 | +1.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1032.43 | 102762746 | 2024-11-19 16:55:29 |
| 52wk High | 718.21 | 52wk High Date | 2018-11-29 |
| 52wk Low | 577.41 | 52wk Low Date | 2018-05-03 |