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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P Biotechnology Select Industry Index (CME:SPSIBI)
Long-Term Uptrend (+90) - SPSIBI is in a strong uptrend that is likely to continue. While SPSIBI 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 SPSIBI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSIBI.
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 SPSIBI
The long-term trend has been UP since Jul 10th, 2024 at 7441.48
The intermediate-term trend has been UP since Jun 5th, 2024 at 7303.15
The short-term trend has been UP since Jul 25th, 2024 at 7809.56
Smart Scan Analysis for SPSIBI
Based on our trend formula, SPSIBI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for SPSIBI](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
7871.11 | 8016.02 | 7870.32 | 7914.28 | +43.17 |
Prev. Close | Volume | Bid | Ask | Time |
7871.11 | 0 | 2024-07-26 16:20:00 |
52wk High | 7896.46 | 52wk High Date | 2018-06-21 |
52wk Low | 5756.26 | 52wk Low Date | 2018-11-14 |