Index Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
S&P Biotechnology Select Industry Index (CME:SPSIBI)
Bull Market Weakness (+75) - SPSIBI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPSIBI as it may be in the beginning stages of a reversal.
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.
|
MarketClub’s Trade Triangles for SPSIBI
The long-term trend has been UP since Dec 8th, 2023 at 6318.54
The intermediate-term trend has been UP since Feb 9th, 2024 at 7077.37
The short-term trend has been UP since Mar 8th, 2024 at 7876.65
Smart Scan Analysis for SPSIBI
Based on our trend formula, SPSIBI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
7374.40 | 7374.40 | 7227.96 | 7229.66 | -143.41 |
Prev. Close | Volume | Bid | Ask | Time |
7229.66 | 0 | 2024-03-18 16:19:55 |
52wk High | 7896.46 | 52wk High Date | 2018-06-21 |
52wk Low | 5756.26 | 52wk Low Date | 2018-11-14 |