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Index Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
S&P 500 Technology Hardware & Equipment (Industry Group) (CME:SP500-4520)
Long-Term Downtrend (-90) - SP500-4520 is in a strong downtrend that is likely to continue. While SP500-4520 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 SP500-4520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4520.
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 SP500-4520
The long-term trend has been DOWN since Mar 4th, 2024 at 3354.09
The intermediate-term trend has been DOWN since Mar 1st, 2024 at 3374.05
The short-term trend has been DOWN since Apr 16th, 2024 at 3233.98
Smart Scan Analysis for SP500-4520
Based on our trend formula, SP500-4520 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3262.61 | 3291.44 | 3210.14 | 3236.09 | -38.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3274.30 | 98502009 | 2024-04-16 15:04:53 |
| 52wk High | 1368.94 | 52wk High Date | 2018-10-03 |
| 52wk Low | 961.25 | 52wk Low Date | 2018-02-09 |