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Index Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
S&P 500 Telecommunication Services (Sector) (CME:SP500-50)
Long-Term Uptrend (+90) - SP500-50 is in a strong uptrend that is likely to continue. While SP500-50 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-50.
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 SP500-50
The long-term trend has been UP since Jan 20th, 2023 at 175.42
The intermediate-term trend has been UP since Jan 9th, 2023 at 165.72
The short-term trend has been UP since Jan 20th, 2023 at 171.98
Smart Scan Analysis for SP500-50
Based on our trend formula, SP500-50 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 181.30 | 184.03 | 180.97 | 182.90 | +1.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 181.30 | 277831260 | 2023-01-27 17:10:08 |
| 52wk High | 169.66 | 52wk High Date | 2018-02-01 |
| 52wk Low | 140.34 | 52wk Low Date | 2018-05-09 |