S&P 500 (SP500.NDX)

Close: 2 926.17 (-1.08), Apr 25, 2019
Automatic technical analysis
Overall analysis
Recommendation one to six months
Weak Positive

Overall analysis

S&P 500 is technically positive for the short term, and neutral for teh medium and long term.

Recommendation one to six months: Weak Positive

Analyses


Short

Medium

Long

Overall

Short term

S&P 500 is in a rising trend channel in the short term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. The index has broken up through the resistance at points 2900. This predicts a further rise. In case of negative reactions, there will now be support at points 2900. RSI above 70 shows that the index has strong positive momentum in the short term. Investors have steadily paid more to buy the index, which indicates increasing optimism and that the price will continue to rise. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The index is overall assessed as technically positive for the short term.

Recommendation one to six weeks: Positive

Medium term

S&P 500 is in a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The index is testing the resistance at points 2930. This could give a negative reaction, but an upward breakthough of points 2930 means a positive signal. The short term momentum of the index is strongly positive, with RSI above 70. This indicates increasing optimism among investors and further price increase for S&P 500. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The index is overall assessed as technically neutral for the medium long term.

Recommendation one to six months: Hold

Long term

Investors have paid higher prices over time to buy S&P 500 and the index is in a rising trend channel in the long term. This signals increasing optimism among investors and indicates continued rise. The index is testing the resistance at points 2930, which may give a negative reaction. The index is assessed as technically neutral for the long term.

Recommendation one to six quarters: Hold



Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.63%0.00-0.04%
5 days0.002.16%0.00+0.89%
22 days0.005.90%0.00+4.57%
66 days0.0012.09%0.00+9.57%




 


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.


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.

Titlex

OK
Free Trial Now