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Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
S&P 500 - Biotechnology (Industry) (CME:SP500-352010)
Sidelines Mode (-55) - SP500-352010 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 SP500-352010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-352010.
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 SP500-352010
The long-term trend has been DOWN since Oct 1st, 2021 at 4640.68
The intermediate-term trend has been UP since Nov 29th, 2021 at 4628.26
The short-term trend has been DOWN since Dec 1st, 2021 at 4564.58
Smart Scan Analysis for SP500-352010
Based on our trend formula, SP500-352010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4555.92 | 4633.34 | 4521.00 | 4521.77 | -65.61 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4587.38 | 51710369 | 2021-12-01 17:04:01 |
| 52wk High | 4515.63 | 52wk High Date | 2018-01-29 |
| 52wk Low | 3501.49 | 52wk Low Date | 2018-10-25 |