Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
S&P 500 Home Improvement Retail (Sub Ind) (CME:SP500-25504030)
Bear Market Rally (-75) - SP500-25504030 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-25504030 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP500-25504030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25504030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-25504030
The long-term trend has been DOWN since Apr 25th, 2024 at 3495.99
The intermediate-term trend has been UP since May 9th, 2024 at 3682.80
The short-term trend has been DOWN since May 20th, 2024 at 3602.91
Smart Scan Analysis for SP500-25504030
Based on our trend formula, SP500-25504030 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3617.00 | 3617.00 | 3580.12 | 3599.57 | -34.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3633.59 | 1130463 | 2024-05-20 10:35:53 |
| 52wk High | 2123.42 | 52wk High Date | 2018-09-12 |
| 52wk Low | 1635.28 | 52wk Low Date | 2018-11-20 |