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Index Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
S&P Biotechnology Select Industry Index (CME:SPSIBI)
Strong Downtrend (-100) - SPSIBI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPSIBI continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 18th, 2024 at 7082.16
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 7497.10
The short-term trend has been DOWN since Dec 30th, 2024 at 7067.62
Smart Scan Analysis for SPSIBI
Based on our trend formula, SPSIBI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7023.04 | 7209.99 | 7023.04 | 7109.48 | +86.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7023.04 | 0 | 2025-01-02 14:47:50 |
| 52wk High | 7896.46 | 52wk High Date | 2018-06-21 |
| 52wk Low | 5756.26 | 52wk Low Date | 2018-11-14 |