Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

S&P 500 Technology Hardware, Storage & Peripherals (Industry) (CME:SP500-452020)

Long-Term Uptrend (+90) - SP500-452020 is in a strong uptrend that is likely to continue. While SP500-452020 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 SP500-452020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-452020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-452020
Open High Low SP500-452020 Price Change
8427.34 8504.72 8427.34 8487.55 +55.50
Entry Signal

MarketClub’s Trade Triangles for SP500-452020

long term up The long-term trend has been UP since May 15th, 2024 at 8411.61

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 7883.53

short term up The short-term trend has been UP since May 3rd, 2024 at 7738.77

Smart Scan Analysis for SP500-452020

Based on our trend formula, SP500-452020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-452020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8427.34 8504.72 8427.34 8487.55 +55.50
Prev. Close Volume Bid Ask Time
8432.05 75173298 2024-05-21 17:09:14
52wk High2755.6852wk High Date2018-10-03
52wk Low1838.8252wk Low Date2018-02-09
Get a free daily analysis and signals for S&P 500 Technology Hardware, Storage & Peripherals (Industry) (SP500-452020) - Request Your Free Report.