Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
S&P 500 Banks (Industry Group) (CME:SP500-4010)
Long-Term Downtrend (-90) - SP500-4010 is in a strong downtrend that is likely to continue. While SP500-4010 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 SP500-4010?
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 DOWN since Jan 24th, 2022 at 398.24
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 325.42
The short-term trend has been DOWN since Jun 30th, 2022 at 316.06
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 |
|---|---|---|---|---|
| 308.90 | 315.25 | 305.18 | 315.19 | -1.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 316.66 | 150891740 | 2022-07-05 17:04:12 |
| 52wk High | 374.29 | 52wk High Date | 2018-01-29 |
| 52wk Low | 303.51 | 52wk Low Date | 2018-10-24 |