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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P 500 EQUAL WEIGHTED Utilities (Sector) (CME:SP500EW-55)
Bull Market Weakness (+75) - SP500EW-55 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500EW-55 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500EW-55?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-55.
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-55
The long-term trend has been UP since Dec 13th, 2023 at 1727.68
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1710.35
The short-term trend has been UP since Apr 19th, 2024 at 1739.03
Smart Scan Analysis for SP500EW-55
Based on our trend formula, SP500EW-55 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1734.25 | 1759.78 | 1734.25 | 1759.25 | +25.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1734.25 | 0 | 2024-04-19 12:57:05 |
| 52wk High | 1469.54 | 52wk High Date | 2017-12-01 |
| 52wk Low | 1227.11 | 52wk Low Date | 2018-02-06 |