S&P 500 GROWTH

SP500G

- USD (-)

- End-of-day data - S&P Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	SP500G
ISIN:	SP500G

S&P 500 GROWTH - Daily - Technical analysis published on 08/11/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

22%

My opinion

Bullish above 2,708.94 USD

My targets

2,952.25 USD (+4.64%)

3,080.84 USD (+9.20%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on S&P 500 GROWTH. This is a positive signal for buyers. As long as the price remains above 2,708.94 USD, a purchase could be considered. The first bullish objective is located at 2,952.25 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3,080.84 USD as an objective. Crossing it would then enable buyers to target 3,170.94 USD. In the event of a return below 2,708.94 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

S&P 500 GROWTH rating 2,821.35 USD. The price registered an increase of +2.79% on the session and was between 2,790.26 USD and 2,822.05 USD. This implies that the price is at +1.11% from its lowest and at -0.02% from its highest.

2,790.26

2,822.05

2,821.35

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of S&P 500 GROWTH in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,344.69	2,476.76	2,708.94	2,821.35	2,952.25	3,080.84	3,170.94
Change (%)	-16.89%	-12.21%	-3.98%	-	+4.64%	+9.20%	+12.39%
Change	-476.66	-344.59	-112.41	-	+130.90	+259.49	+349.59
Level	Minor	Major	Intermediate	-	Intermediate	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,812.91	2,822.29	2,834.19	2,843.57	2,855.47	2,864.85	2,876.75
Camarilla	2,840.24	2,842.19	2,844.14	2,846.09	2,848.04	2,849.99	2,851.94
Woodie	2,814.17	2,822.92	2,835.45	2,844.20	2,856.73	2,865.48	2,878.01
Fibonacci	2,822.29	2,830.42	2,835.44	2,843.57	2,851.70	2,856.72	2,864.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,630.78	2,667.19	2,722.56	2,758.97	2,814.34	2,850.75	2,906.12
Camarilla	2,752.70	2,761.11	2,769.53	2,777.94	2,786.35	2,794.77	2,803.18
Woodie	2,640.27	2,671.93	2,732.05	2,763.71	2,823.83	2,855.49	2,915.61
Fibonacci	2,667.19	2,702.25	2,723.91	2,758.97	2,794.03	2,815.69	2,850.75

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,169.93	2,287.91	2,516.06	2,634.04	2,862.19	2,980.17	3,208.32
Camarilla	2,649.01	2,680.74	2,712.47	2,744.20	2,775.93	2,807.66	2,839.39
Woodie	2,225.01	2,315.45	2,571.14	2,661.58	2,917.27	3,007.71	3,263.40
Fibonacci	2,287.91	2,420.14	2,501.82	2,634.04	2,766.27	2,847.95	2,980.17

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.90
MACD (12,26,9):	68.6600
Directional Movement:	21.09
AROON (14):	78.57
DEMA (21):	2,769.93
Parabolic SAR (0,02-0,02-0,2):	2,734.02
Elder Ray (13):	80.65
Super Trend (3,10):	2,634.70
Zig ZAG (10):	2,821.35
VORTEX (21):	1.1300
Stochastique (14,3,5):	86.12
TEMA (21):	2,821.62
Williams %R (14):	-0.25
Chande Momentum Oscillator (20):	223.15
Repulse (5,40,3):	1.2700
ROCnROLL:	1
TRIX (15,9):	0.3300
Courbe Coppock:	16.10

MA7:	2,772.01
MA20:	2,665.14
MA50:	2,573.16
MA100:	2,695.83
MAexp7:	2,765.45
MAexp20:	2,686.66
MAexp50:	2,636.11
MAexp100:	2,695.80
Price / MA7:	+1.78%
Price / MA20:	+5.86%
Price / MA50:	+9.65%
Price / MA100:	+4.66%
Price / MAexp7:	+2.02%
Price / MAexp20:	+5.01%
Price / MAexp50:	+7.03%
Price / MAexp100:	+4.66%

Quotes : - End-of-day data - S&P Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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