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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P 500 Drug Retail (Sub Ind) (CME:SP500-30101010)
Sidelines Mode (-55) - SP500-30101010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-30101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30101010.
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 SP500-30101010
The long-term trend has been DOWN since Apr 1st, 2024 at 299.39
The intermediate-term trend has been DOWN since May 21st, 2024 at 252.39
The short-term trend has been UP since Jul 24th, 2024 at 167.08
Smart Scan Analysis for SP500-30101010
Based on our trend formula, SP500-30101010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 171.06 | 174.23 | 167.52 | 174.15 | +4.56 |
| Prev. Close | Volume | Bid | Ask | Time |
| 169.59 | 14461072 | 2024-07-26 16:20:08 |
| 52wk High | 1254.29 | 52wk High Date | 2018-11-29 |
| 52wk Low | 870.92 | 52wk Low Date | 2018-06-29 |