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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P 500 Utilities (Sector) (CME:SP500-55)
Countertrend Up (+85) - SP500-55 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500-55?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-55.
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 SP500-55
The long-term trend has been UP since Apr 4th, 2024 at 333.91
The intermediate-term trend has been UP since Jul 11th, 2024 at 355.62
The short-term trend has been DOWN since Jul 25th, 2024 at 356.77
Smart Scan Analysis for SP500-55
Based on our trend formula, SP500-55 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 360.66 | 362.23 | 359.62 | 361.49 | +3.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 357.95 | 88962394 | 2024-07-26 16:20:04 |
| 52wk High | 286.99 | 52wk High Date | 2017-12-01 |
| 52wk Low | 240.37 | 52wk Low Date | 2018-02-06 |