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Index Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
S&P Composite 1500 Utilities (Industry Group) (CME:SP1500-5510)
Long-Term Uptrend (+90) - SP1500-5510 is in a strong uptrend that is likely to continue. While SP1500-5510 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-5510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-5510.
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 SP1500-5510
The long-term trend has been UP since Dec 13th, 2023 at 372.22
The intermediate-term trend has been UP since Nov 21st, 2024 at 465.09
The short-term trend has been UP since Nov 18th, 2024 at 454.00
Smart Scan Analysis for SP1500-5510
Based on our trend formula, SP1500-5510 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 469.56 | 469.92 | 466.33 | 467.31 | -0.81 |
| Prev. Close | Volume | Bid | Ask | Time |
| 468.12 | 65734867 | 2024-11-22 13:36:12 |
| 52wk High | 330.87 | 52wk High Date | 2017-12-01 |
| 52wk Low | 277.17 | 52wk Low Date | 2018-02-06 |