Index Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
S&P 500 Semiconductor & Semiconductor Equipment (Industry) (CME:SP500-453010)
Bull Market Weakness (+75) - SP500-453010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-453010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-453010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-453010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-453010
The long-term trend has been UP since Nov 14th, 2023 at 2987.62
The intermediate-term trend has been UP since Nov 8th, 2023 at 2824.02
The short-term trend has been DOWN since Nov 30th, 2023 at 2955.23
Smart Scan Analysis for SP500-453010
Based on our trend formula, SP500-453010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1095.24||52wk High Date||2018-06-07|
|52wk Low||826.22||52wk Low Date||2018-11-20|