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Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
S&P 500 Technology Hardware & Equipment (Industry Group) (CME:SP500-4520)
Long-Term Downtrend (-90) - SP500-4520 is in a strong downtrend that is likely to continue. While SP500-4520 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 SP500-4520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4520.
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 SP500-4520
The long-term trend has been DOWN since Mar 14th, 2022 at 2906.32
The intermediate-term trend has been DOWN since Apr 14th, 2022 at 3102.31
The short-term trend has been DOWN since Jun 29th, 2022 at 2596.57
Smart Scan Analysis for SP500-4520
Based on our trend formula, SP500-4520 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2568.55 | 2610.61 | 2550.95 | 2609.43 | +29.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2609.43 | 146292106 | 2022-07-01 16:19:53 |
| 52wk High | 1368.94 | 52wk High Date | 2018-10-03 |
| 52wk Low | 961.25 | 52wk Low Date | 2018-02-09 |