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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
S&P 500 (CME:SP500)
Sidelines Mode (-55) - SP500 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?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500.
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
The long-term trend has been UP since Nov 29th, 2023 at 4584.62
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 5131.59
The short-term trend has been UP since Apr 23rd, 2024 at 5056.66
Smart Scan Analysis for SP500
Based on our trend formula, SP500 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5019.88 | 5019.88 | 4990.58 | 5002.40 | -69.23 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5071.63 | 723535988 | 2024-04-25 10:50:56 |
| 52wk High | 2940.91 | 52wk High Date | 2018-09-21 |
| 52wk Low | 2532.69 | 52wk Low Date | 2018-02-09 |