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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
S&P 500 EQUAL WEIGHTED Consumer Discretionary (Sector) (CME:SP500EW-25)
Sidelines Mode (-55) - SP500EW-25 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 SP500EW-25?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-25.
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 SP500EW-25
The long-term trend has been UP since Dec 11th, 2023 at 4820.22
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 5200.55
The short-term trend has been UP since Apr 22nd, 2024 at 5024.13
Smart Scan Analysis for SP500EW-25
Based on our trend formula, SP500EW-25 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5091.19 | 5091.19 | 5014.00 | 5014.37 | -76.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5091.19 | 0 | 2024-04-25 09:50:25 |
| 52wk High | 3834.91 | 52wk High Date | 2018-01-24 |
| 52wk Low | 3319.57 | 52wk Low Date | 2018-10-26 |