Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, May 16, 2024.
S&P Composite 1500 Drug Retail (Sub Ind) (CME:SP1500-30101010)
Bull Market Weakness (+75) - SP1500-30101010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-30101010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-30101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-30101010.
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 SP1500-30101010
The long-term trend has been DOWN since Apr 1st, 2024 at 303.86
The intermediate-term trend has been UP since May 13th, 2024 at 275.98
The short-term trend has been UP since May 13th, 2024 at 260.43
Smart Scan Analysis for SP1500-30101010
Based on our trend formula, SP1500-30101010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 268.20 | 274.26 | 266.63 | 274.18 | +6.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 267.46 | 7240543 | 2024-05-16 16:19:27 |
| 52wk High | 1272.69 | 52wk High Date | 2018-11-29 |
| 52wk Low | 883.69 | 52wk Low Date | 2018-06-29 |