Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

S&P 500 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP500-4530)

Weak Downtrend (-65) - SP500-4530 is showing signs of a strengthening downtrend. Monitor SP500-4530 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-4530?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4530.

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

CME_SP500-4530
Open High Low SP500-4530 Price Change
4175.73 4217.88 3929.65 3948.51 -283.55
Entry Signal

MarketClub’s Trade Triangles for SP500-4530

long term up The long-term trend has been UP since Nov 14th, 2023 at 2987.62

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 4329.51

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 4348.85

Smart Scan Analysis for SP500-4530

Based on our trend formula, SP500-4530 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-4530
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4175.73 4217.88 3929.65 3948.51 -283.55
Prev. Close Volume Bid Ask Time
3948.51 320003553 2024-04-19 16:20:08
52wk High1095.2452wk High Date2018-06-07
52wk Low826.2252wk Low Date2018-11-20
Get a free daily analysis and signals for S&P 500 Semiconductors & Semiconductor Equipment (Industry Group) (SP500-4530) - Request Your Free Report.