Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
S&P 500 Technology Hardware & Equipment (Industry Group) (CME:SP500-4520)
Strong Uptrend (+100) - SP500-4520 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-4520 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SP500-4520
The long-term trend has been UP since Dec 5th, 2023 at 3516.34
The intermediate-term trend has been UP since Nov 7th, 2023 at 3316.44
The short-term trend has been UP since Dec 5th, 2023 at 3508.50
Smart Scan Analysis for SP500-4520
Based on our trend formula, SP500-4520 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1368.94||52wk High Date||2018-10-03|
|52wk Low||961.25||52wk Low Date||2018-02-09|