Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
S&P 500 Utilities (Sector) (CME:SP500-55)
Bull Market Weakness (+75) - SP500-55 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-55 as it may be in the beginning stages of a reversal.
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 Nov 21st, 2024 at 413.18
The short-term trend has been DOWN since Dec 2nd, 2024 at 412.76
Smart Scan Analysis for SP500-55
Based on our trend formula, SP500-55 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 406.85 | 409.84 | 406.40 | 407.53 | +1.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 407.53 | 108378309 | 2024-12-05 16:46:25 |
| 52wk High | 286.99 | 52wk High Date | 2017-12-01 |
| 52wk Low | 240.37 | 52wk Low Date | 2018-02-06 |