Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, June 1, 2023.

S&P 500 Utilities (Industry Group) (CME:SP500-5510)

Strong Downtrend (-100) - SP500-5510 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP500-5510 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500-5510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5510.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-5510
Open High Low SP500-5510 Price Change
325.30 329.35 322.99 327.97 +3.11
Entry Signal

MarketClub’s Trade Triangles for SP500-5510

long term down The long-term trend has been DOWN since Oct 6th, 2022 at 332.06

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2023 at 346.45

short term down The short-term trend has been DOWN since May 15th, 2023 at 346.27

Smart Scan Analysis for SP500-5510

Based on our trend formula, SP500-5510 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP500-5510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
325.30 329.35 322.99 327.97 +3.11
Prev. Close Volume Bid Ask Time
327.97 181005317 2023-05-31 16:19:53
52wk High286.9452wk High Date2017-12-01
52wk Low240.452wk Low Date2018-02-06
Get a free daily analysis and signals for S&P 500 Utilities (Industry Group) (SP500-5510) - Request Your Free Report.