Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
S&P Composite 1500 Utilities (Industry Group) (CME:SP1500-5510)
Countertrend Down (-85) - SP1500-5510 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Oct 6th, 2022 at 375.68
The intermediate-term trend has been DOWN since Jan 19th, 2023 at 400.64
The short-term trend has been UP since Jan 30th, 2023 at 399.91
Smart Scan Analysis for SP1500-5510
Based on our trend formula, SP1500-5510 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 396.97 | 400.79 | 395.90 | 396.23 | -2.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 398.38 | 94471753 | 2023-01-30 17:06:50 |
| 52wk High | 330.87 | 52wk High Date | 2017-12-01 |
| 52wk Low | 277.17 | 52wk Low Date | 2018-02-06 |