Mutual Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
FRANKLIN S&P 500 INDEX FUND CLASS A (NASDAQ:SBSPX)
Countertrend Up (+85) - SBSPX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SBSPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBSPX.
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 SBSPX
The long-term trend has been UP since Nov 30th, 2023 at 35.61
The intermediate-term trend has been UP since Nov 7th, 2023 at 34.11
The short-term trend has been DOWN since Mar 25th, 2024 at 40.53
Smart Scan Analysis for SBSPX
Based on our trend formula, SBSPX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
40.36 | 40.36 | 40.36 | 40.76 | +0.36 |
Prev. Close | Volume | Bid | Ask | Time |
40.36 | 0 | 40.72 | 40.72 | 2024-03-27 20:00:00 |
52wk High | 40.76 | 52wk High Date | 2024-03-28 |
52wk Low | 31.41 | 52wk Low Date | 2023-03-30 |
Year End Close | 36.92 | Payment Date | 2019-12-05 |