Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
S&P 500 Materials (Industry Group) (CME:SP500-1510)
Bull Market Weakness (+75) - SP500-1510 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-1510 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-1510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-1510
The long-term trend has been UP since Aug 1st, 2024 at 585.97
The intermediate-term trend has been DOWN since Oct 25th, 2024 at 592.16
The short-term trend has been UP since Nov 21st, 2024 at 578.46
Smart Scan Analysis for SP500-1510
Based on our trend formula, SP500-1510 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 587.52 | 590.89 | 586.86 | 590.73 | +3.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 587.47 | 29482125 | 2024-11-22 13:00:23 |
| 52wk High | 402.07 | 52wk High Date | 2018-01-26 |
| 52wk Low | 302.06 | 52wk Low Date | 2017-12-06 |