Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)
Weak Downtrend (-65) - SP500-3520 is showing signs of a strengthening downtrend. Monitor SP500-3520 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-3520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-3520
The long-term trend has been UP since Jan 2nd, 2024 at 1281.28
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 1372.53
The short-term trend has been DOWN since Apr 2nd, 2024 at 1385.79
Smart Scan Analysis for SP500-3520
Based on our trend formula, SP500-3520 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1309.14 | 1311.18 | 1301.33 | 1303.04 | -3.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1306.49 | 66254963 | 2024-04-19 14:54:32 |
| 52wk High | 941.92 | 52wk High Date | 2018-10-03 |
| 52wk Low | 775.13 | 52wk Low Date | 2018-05-03 |