Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
S&P 500 IT Services (Industry) (CME:SP500-451020)
Sidelines Mode (-55) - SP500-451020 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 SP500-451020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-451020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-451020
The long-term trend has been DOWN since Sep 20th, 2021 at 661.58
The intermediate-term trend has been DOWN since Oct 27th, 2021 at 647.87
The short-term trend has been UP since Dec 6th, 2021 at 605.39
Smart Scan Analysis for SP500-451020
Based on our trend formula, SP500-451020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 622.64 | 629.70 | 619.53 | 629.18 | +6.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| 622.86 | 62114279 | 2021-12-08 16:20:08 |
| 52wk High | 446.86 | 52wk High Date | 2018-09-21 |
| 52wk Low | 349.82 | 52wk Low Date | 2017-12-05 |