Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
S&P 500 Banks (Industry Group) (CME:SP500-4010)
Long-Term Uptrend (+90) - SP500-4010 is in a strong uptrend that is likely to continue. While SP500-4010 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 SP500-4010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-4010
The long-term trend has been UP since Oct 4th, 2021 at 433.25
The intermediate-term trend has been UP since Sep 27th, 2021 at 421.97
The short-term trend has been UP since Oct 15th, 2021 at 431.40
Smart Scan Analysis for SP500-4010
Based on our trend formula, SP500-4010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 431.92 | 440.09 | 430.94 | 437.56 | +9.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 437.56 | 223352420 | 2021-10-15 16:46:29 |
| 52wk High | 374.29 | 52wk High Date | 2018-01-29 |
| 52wk Low | 303.51 | 52wk Low Date | 2018-10-24 |