Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
S&P Composite 1500 Industrials (Sector) (CME:SP1500-20)
Bull Market Weakness (+75) - SP1500-20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20.
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 SP1500-20
The long-term trend has been UP since Dec 8th, 2023 at 1018.64
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1145.36
The short-term trend has been UP since May 3rd, 2024 at 1153.39
Smart Scan Analysis for SP1500-20
Based on our trend formula, SP1500-20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1152.19 | 1153.73 | 1144.94 | 1149.79 | +9.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1149.79 | 364573727 | 2024-05-03 16:19:39 |
| 52wk High | 727.84 | 52wk High Date | 2018-01-29 |
| 52wk Low | 604.88 | 52wk Low Date | 2018-10-29 |