Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
S&P 500 Telecommunication Services (Sector) (CME:SP500-50)
Strong Uptrend (+100) - SP500-50 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-50 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 SP500-50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-50.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-50
The long-term trend has been UP since Jan 20th, 2023 at 175.42
The intermediate-term trend has been UP since Mar 16th, 2023 at 181.04
The short-term trend has been UP since Mar 15th, 2023 at 176.09
Smart Scan Analysis for SP500-50
Based on our trend formula, SP500-50 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||169.66||52wk High Date||2018-02-01|
|52wk Low||140.34||52wk Low Date||2018-05-09|