Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, May 21, 2024.
S&P Merger Arbitrage - Long Index (CME:SPLSALUP)
Long-Term Uptrend (+90) - SPLSALUP is in a strong uptrend that is likely to continue. While SPLSALUP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPLSALUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPLSALUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPLSALUP
The long-term trend has been UP since Jun 16th, 2023 at 2602.30
The intermediate-term trend has been UP since May 13th, 2024 at 2836.62
The short-term trend has been UP since May 6th, 2024 at 2826.37
Smart Scan Analysis for SPLSALUP
Based on our trend formula, SPLSALUP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2862.81 | 2867.57 | 2858.40 | 2861.98 | -0.56 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2862.54 | 0 | 2024-05-21 13:00:27 |
| 52wk High | 2014.15 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1876.65 | 52wk Low Date | 2018-11-23 |