Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P 500 Materials (Sector) (CME:SP500-15)
Bull Market Weakness (+75) - SP500-15 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-15 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-15?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15.
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 SP500-15
The long-term trend has been DOWN since Jul 1st, 2024 at 551.32
The intermediate-term trend has been UP since Jul 12th, 2024 at 568.27
The short-term trend has been UP since Jul 26th, 2024 at 573.68
Smart Scan Analysis for SP500-15
Based on our trend formula, SP500-15 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 569.25 | 577.56 | 568.26 | 575.56 | +9.49 |
| Prev. Close | Volume | Bid | Ask | Time |
| 566.07 | 72682715 | 2024-07-26 16:19:59 |
| 52wk High | 402.11 | 52wk High Date | 2018-01-26 |
| 52wk Low | 313.47 | 52wk Low Date | 2018-10-26 |