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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P 500 Telecommunication Services (Industry Group) (CME:SP500-5010)
Sidelines Mode (+55) - SP500-5010 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 SP500-5010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5010.
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 SP500-5010
The long-term trend has been UP since Nov 1st, 2023 at 109.54
The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 130.38
The short-term trend has been UP since Jul 25th, 2024 at 130.42
Smart Scan Analysis for SP500-5010
Based on our trend formula, SP500-5010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 130.31 | 130.58 | 128.97 | 130.09 | -0.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 130.26 | 49777808 | 2024-07-26 16:20:08 |
| 52wk High | 169.51 | 52wk High Date | 2018-02-01 |
| 52wk Low | 140.36 | 52wk Low Date | 2018-05-09 |