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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P 500 EQUAL WEIGHTED Telecommunication Services (Sector) (CME:SP500EW-50)
Weak Downtrend (-65) - SP500EW-50 is showing signs of a strengthening downtrend. Monitor SP500EW-50 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500EW-50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-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 SP500EW-50
The long-term trend has been UP since Dec 1st, 2023 at 1176.42
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1229.15
The short-term trend has been DOWN since Apr 4th, 2024 at 1251.81
Smart Scan Analysis for SP500EW-50
Based on our trend formula, SP500EW-50 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1197.73 | 1208.64 | 1196.64 | 1199.91 | +2.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1199.91 | 0 | 2024-04-18 16:19:45 |
| 52wk High | 1066.05 | 52wk High Date | 2018-08-21 |
| 52wk Low | 868.33 | 52wk Low Date | 2018-03-23 |