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Index Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
S&P 500 Information Technology (Sector) (CME:SP500-45)
Countertrend Up (+85) - SP500-45 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500-45?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45.
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 SP500-45
The long-term trend has been UP since Nov 10th, 2023 at 3177.30
The intermediate-term trend has been UP since Sep 19th, 2024 at 4373.34
The short-term trend has been DOWN since Nov 15th, 2024 at 4568.91
Smart Scan Analysis for SP500-45
Based on our trend formula, SP500-45 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4470.66 | 4543.71 | 4470.66 | 4542.25 | +54.89 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4542.25 | 883937163 | 2024-11-19 16:55:28 |
| 52wk High | 1338.95 | 52wk High Date | 2018-10-03 |
| 52wk Low | 1057.51 | 52wk Low Date | 2018-02-09 |