Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P Biotechnology Select Industry TR Inverse Carry-Free Daily Index (CME:SPBSICUT)
Bull Market Weakness (+75) - SPBSICUT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBSICUT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPBSICUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBSICUT.
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 SPBSICUT
The long-term trend has been UP since Dec 18th, 2024 at 267.53
The intermediate-term trend has been UP since Nov 15th, 2024 at 254.35
The short-term trend has been DOWN since Dec 24th, 2024 at 262.61
Smart Scan Analysis for SPBSICUT
Based on our trend formula, SPBSICUT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 262.91 | 265.50 | 262.33 | 262.61 | -0.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 262.61 | 0 | 2024-12-24 13:20:00 |