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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

S&P 500 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP500-4530)

Strong Uptrend (+100) - SP500-4530 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-4530 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SP500-4530?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4530.

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

CME_SP500-4530
Open High Low SP500-4530 Price Change
4701.92 4763.26 4687.73 4760.41 +7.70
Entry Signal

MarketClub’s Trade Triangles for SP500-4530

long term up The long-term trend has been UP since Nov 14th, 2023 at 2987.62

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 4535.82

short term up The short-term trend has been UP since May 10th, 2024 at 4530.63

Smart Scan Analysis for SP500-4530

Based on our trend formula, SP500-4530 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SP500-4530
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4701.92 4763.26 4687.73 4760.41 +7.70
Prev. Close Volume Bid Ask Time
4760.41 162374193 2024-05-21 17:09:15
52wk High1095.2452wk High Date2018-06-07
52wk Low826.2252wk Low Date2018-11-20
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