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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P 500 Telecom & IT (CME:SP500TLIT)
Sidelines Mode (+55) - SP500TLIT 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 SP500TLIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500TLIT.
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 SP500TLIT
The long-term trend has been UP since Nov 10th, 2023 at 1894.98
The intermediate-term trend has been DOWN since Apr 9th, 2024 at 2226.43
The short-term trend has been UP since Apr 24th, 2024 at 2156.16
Smart Scan Analysis for SP500TLIT
Based on our trend formula, SP500TLIT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2156.43 | 2209.20 | 2156.43 | 2199.97 | +43.46 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2156.51 | 0 | 2024-04-26 11:29:55 |
| 52wk High | 857.31 | 52wk High Date | 2018-10-03 |
| 52wk Low | 59.19 | 52wk Low Date | 2018-09-14 |