S&P 500 (SP500.US500)

Close: 3 337.75 (-35.48), Feb 21, 2020
Automatic technical analysis
Medium term
Recommendation one to six months
Positive

Low risk

Liquidity risk: Not applicableVolatility risk: Low

Indicators 

Rising trend breaking downwards

Trend floor at 3393.38 (+1.7%).
Trend ceiling at 3494.85 (+4.7%).
Annualized rate of increase 53%.

Neutral volume balance

VolBal22: 0

Neutral momentum

RSI21: 52

Analyses


Short

Medium

Long

Overall

Automatic technical analysis. Medium term, Feb 21, 2020

S&P 500 has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 3020 points. RSI diverges negatively against the price, which indicates a danger for a reaction down. The RSI curve shows a falling trend, which could be an early signal for the start of a falling trend for the price as well. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 83)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.63%0.00-1.05%
5 days0.002.14%0.00-1.07%
22 days0.005.83%0.00+0.51%
66 days0.0012.04%0.00+7.79%

More analyses of S&P 500

chart S&P 500 (SP500) Candlesticks 22 Days
Candlesticks
chart S&P 500 (SP500) Short term
Short term: Positive
chart S&P 500 (SP500) Medium term
Medium term: Positive
chart S&P 500 (SP500) Long term
Long term: Positive




 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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