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Index Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

S&P Composite 1500 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP1500-4530)

Weak Downtrend (-65) - SP1500-4530 is showing signs of a strengthening downtrend. Monitor SP1500-4530 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP1500-4530?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4530.

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

CME_SP1500-4530
Open High Low SP1500-4530 Price Change
2650.94 2675.88 2636.87 2649.76 +27.70
Entry Signal

MarketClub’s Trade Triangles for SP1500-4530

long term up The long-term trend has been UP since Dec 1st, 2022 at 1892.88

intermediate term down The intermediate-term trend has been DOWN since Sep 15th, 2023 at 2756.25

short term down The short-term trend has been DOWN since Sep 6th, 2023 at 2930.49

Smart Scan Analysis for SP1500-4530

Based on our trend formula, SP1500-4530 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP1500-4530
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2650.94 2675.88 2636.87 2649.76 +27.70
Prev. Close Volume Bid Ask Time
2649.76 201066547 2023-09-22 16:19:57
52wk High1092.5952wk High Date2018-06-07
52wk Low825.9852wk Low Date2018-10-29
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