Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
S&P 500 - Life Sciences Tools & Services (Industry) (CME:SP500-352030)
Long-Term Downtrend (-90) - SP500-352030 is in a strong downtrend that is likely to continue. While SP500-352030 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-352030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-352030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-352030
The long-term trend has been DOWN since Apr 26th, 2023 at 929.62
The intermediate-term trend has been DOWN since Aug 15th, 2023 at 948.73
The short-term trend has been DOWN since Sep 19th, 2023 at 898.02
Smart Scan Analysis for SP500-352030
Based on our trend formula, SP500-352030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||594.57||52wk High Date||2018-10-01|
|52wk Low||443.98||52wk Low Date||2017-12-06|