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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P 500 - Pharmaceuticals (Industry) (CME:SP500-352020)

Bear Market Rally (-75) - SP500-352020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-352020 as it may be in the beginning of a reversal.

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.

CME_SP500-352020
Open High Low SP500-352020 Price Change
1059.61 1065.27 1059.61 1063.00 +0.10
Entry Signal

MarketClub’s Trade Triangles for SP500-352020

long term down The long-term trend has been DOWN since Oct 30th, 2024 at 1083.54

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2024 at 1173.11

short term up The short-term trend has been UP since Dec 20th, 2024 at 1060.22

Smart Scan Analysis for SP500-352020

Based on our trend formula, SP500-352020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP500-352020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1059.61 1065.27 1059.61 1063.00 +0.10
Prev. Close Volume Bid Ask Time
1062.90 19971517 2024-12-26 13:04:49
52wk High718.2152wk High Date2018-11-29
52wk Low577.4152wk Low Date2018-05-03
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