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Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
S&P 500 Technology Hardware & Equipment (Industry Group) (CME:SP500-4520)
Long-Term Uptrend (+90) - SP500-4520 is in a strong uptrend that is likely to continue. While SP500-4520 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 SP500-4520?
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 UP since Feb 3rd, 2023 at 2896.28
The intermediate-term trend has been UP since Mar 20th, 2023 at 2950.15
The short-term trend has been UP since Mar 16th, 2023 at 2893.11
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 |
|---|---|---|---|---|
| 2995.34 | 3037.92 | 2960.52 | 2960.60 | -34.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2994.60 | 139329579 | 2023-03-22 17:05:35 |
| 52wk High | 1368.94 | 52wk High Date | 2018-10-03 |
| 52wk Low | 961.25 | 52wk Low Date | 2018-02-09 |