Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
S&P 500 Utilities (Sector) (CME:SP500-55)
Sidelines Mode (-55) - SP500-55 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Oct 6th, 2022 at 332.05
The intermediate-term trend has been DOWN since Jan 19th, 2023 at 352.81
The short-term trend has been UP since Mar 13th, 2023 at 337.12
Smart Scan Analysis for SP500-55
Based on our trend formula, SP500-55 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 339.04 | 341.59 | 338.66 | 340.62 | +2.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 340.62 | 107196646 | 2023-03-20 16:19:49 |
| 52wk High | 286.99 | 52wk High Date | 2017-12-01 |
| 52wk Low | 240.37 | 52wk Low Date | 2018-02-06 |