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Index Trend Analysis Report

Prepared for you on Friday, May 14, 2021.

S&P 500 Banks (Industry Group) (CME:SP500-4010)

Countertrend Up (+85) - SP500-4010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP500-4010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4010.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SP500-4010 Price Change
410.55 423.55 410.55 420.84 +8.93
Entry Signal

MarketClub’s Trade Triangles for SP500-4010

long term up The long-term trend has been UP since Nov 9th, 2020 at 269.75

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2021 at 400.46

short term down The short-term trend has been DOWN since May 12th, 2021 at 413.58

Smart Scan Analysis for SP500-4010

Based on our trend formula, SP500-4010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP500-4010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
410.55 423.55 410.55 420.84 +8.93
Prev. Close Volume Bid Ask Time
420.84 161904254 2021-05-13 17:03:42
52wk High374.2952wk High Date2018-01-29
52wk Low303.5152wk Low Date2018-10-24
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