S&P500 INDEX

- USD (-)

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

Open:	-
Change:	-
Volume:	-

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

Type:	Indices
Ticker:	SP500
ISIN:

S&P500 INDEX - Daily - Technical analysis published on 04/30/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

56%

33%

My opinion

Bearish under 4,303.35 USD

My targets

3,962.43 USD (-4.10%)

3,766.99 USD (-8.83%)

My analysis

The bearish trend is currently very strong for S&P500 INDEX. As long as the price remains below the resistance at 4,303.35 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 3,962.43 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3,766.99 USD as an objective. Crossing it would then enable sellers to target 3,386.15 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.1

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 stein82. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

S&P500 INDEX rating 4,131.93 USD. On the day, this instrument lost -3.63% and was traded between 4,124.28 USD and 4,269.68 USD over the period. The price is currently at +0.19% from its lowest and -3.23% from its highest.

4,124.28

4,269.68

4,131.93

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by S&P500 INDEX:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of S&P500 INDEX indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 10 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,237.40	2,935.78	3,386.15	4,131.93	4,170.97	4,303.35	4,389.27
Change (%)	-45.85%	-28.95%	-18.05%	-	+0.94%	+4.15%	+6.23%
Change	-1,894.53	-1,196.15	-745.78	-	+39.04	+171.42	+257.34
Level	Major	Minor	Major	-	Major	Intermediate	Intermediate

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	3,935.51	4,029.90	4,080.91	4,175.30	4,226.31	4,320.70	4,371.71
Camarilla	4,091.95	4,105.27	4,118.60	4,131.93	4,145.26	4,158.59	4,171.92
Woodie	3,913.83	4,019.06	4,059.23	4,164.46	4,204.63	4,309.86	4,350.03
Fibonacci	4,029.90	4,085.44	4,119.75	4,175.30	4,230.84	4,265.15	4,320.70

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,883.82	4,004.05	4,067.99	4,188.22	4,252.16	4,372.39	4,436.33
Camarilla	4,081.28	4,098.17	4,115.05	4,131.93	4,148.81	4,165.70	4,182.58
Woodie	3,855.68	3,989.98	4,039.85	4,174.15	4,224.02	4,358.32	4,408.19
Fibonacci	4,004.05	4,074.40	4,117.87	4,188.22	4,258.57	4,302.04	4,372.39

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,766.99	3,962.43	4,246.42	4,441.86	4,725.85	4,921.29	5,205.28
Camarilla	4,398.57	4,442.52	4,486.46	4,530.41	4,574.36	4,618.31	4,662.25
Woodie	3,811.27	3,984.57	4,290.70	4,464.00	4,770.13	4,943.43	5,249.56
Fibonacci	3,962.43	4,145.57	4,258.72	4,441.86	4,625.00	4,738.15	4,921.29

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):	42.91
MACD (12,26,9):	-53.5500
Directional Movement:	-12.72
AROON (14):	-92.86
DEMA (21):	4,312.96
Parabolic SAR (0,02-0,02-0,2):	4,390.14
Elder Ray (13):	-87.41
Super Trend (3,10):	4,449.50
Zig ZAG (10):	4,287.50
VORTEX (21):	0.7300
Stochastique (14,3,5):	13.59
TEMA (21):	4,261.69
Williams %R (14):	-65.15
Chande Momentum Oscillator (20):	-125.03
Repulse (5,40,3):	-0.1000
ROCnROLL:	2
TRIX (15,9):	-0.0700
Courbe Coppock:	9.59

MA7:	4,295.38
MA20:	4,411.22
MA50:	4,389.50
MA100:	4,496.69
MAexp7:	4,286.09
MAexp20:	4,367.88
MAexp50:	4,415.23
MAexp100:	4,448.92
Price / MA7:	-3.81%
Price / MA20:	-6.33%
Price / MA50:	-5.87%
Price / MA100:	-8.11%
Price / MAexp7:	-3.60%
Price / MAexp20:	-5.40%
Price / MAexp50:	-6.42%
Price / MAexp100:	-7.13%

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

News

The last news published on S&P500 INDEX at the time of the generation of this analysis was as follows:

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

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