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Index Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
S&P 500 - Pharmaceuticals (Industry) (CME:SP500-352020)
Long-Term Uptrend (+90) - SP500-352020 is in a strong uptrend that is likely to continue. While SP500-352020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Nov 9th, 2020 at 768.41
The intermediate-term trend has been UP since Nov 9th, 2020 at 750.07
The short-term trend has been UP since Nov 30th, 2020 at 745.32
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 |
|---|---|---|---|---|
| 763.75 | 764.08 | 755.99 | 759.72 | -3.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 707.00 | 118908537 | 2020-12-03 17:03:00 |
| 52wk High | 718.21 | 52wk High Date | 2018-11-29 |
| 52wk Low | 577.41 | 52wk Low Date | 2018-05-03 |