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Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
S&P Composite 1500 Telecommunication Services (Sector) (CME:SP1500-50)
Strong Uptrend (+100) - SP1500-50 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-50 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP1500-50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-50.
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 SP1500-50
The long-term trend has been UP since Nov 14th, 2023 at 231.59
The intermediate-term trend has been UP since May 7th, 2024 at 286.79
The short-term trend has been UP since May 14th, 2024 at 287.27
Smart Scan Analysis for SP1500-50
Based on our trend formula, SP1500-50 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 290.17 | 291.79 | 289.77 | 291.70 | +1.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 291.70 | 204826104 | 2024-05-17 16:19:39 |
| 52wk High | 168.66 | 52wk High Date | 2018-02-01 |
| 52wk Low | 140.06 | 52wk Low Date | 2018-05-09 |