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 11/15/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 3,902.08 USD

My targets

3,998.95 USD (+1.05%)

4,172.77 USD (+5.45%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on S&P500 INDEX as long as the price remains well above 3,902.08 USD. The buyers' bullish objective is set at 3,998.95 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4,172.77 USD. If there is any crossing, the next objective would be the resistance located at 4,305.38 USD.

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

Force

6.4

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

Additional analysis

Quotes

The S&P500 INDEX price is 3,957.25 USD. The price is lower by -0.89% since the last closing and was traded between 3,956.40 USD and 4,008.97 USD over the period. The price is currently at +0.02% from its lowest and -1.29% from its highest.

3,956.40

4,008.97

3,957.25

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of S&P500 INDEX in Daily shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3,579.89	3,666.77	3,902.08	3,957.25	3,998.95	4,172.77	4,305.38
Change (%)	-9.54%	-7.34%	-1.39%	-	+1.05%	+5.45%	+8.80%
Change	-377.36	-290.48	-55.17	-	+41.70	+215.52	+348.13
Level	Minor	Major	Major	-	Intermediate	Major	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	3,886.87	3,921.64	3,939.44	3,974.21	3,992.01	4,026.78	4,044.58
Camarilla	3,942.79	3,947.61	3,952.43	3,957.25	3,962.07	3,966.89	3,971.71
Woodie	3,878.40	3,917.40	3,930.97	3,969.97	3,983.54	4,022.54	4,036.11
Fibonacci	3,921.64	3,941.72	3,954.13	3,974.21	3,994.29	4,006.70	4,026.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,567.01	3,655.62	3,824.27	3,912.88	4,081.53	4,170.14	4,338.79
Camarilla	3,922.18	3,945.77	3,969.35	3,992.93	4,016.51	4,040.09	4,063.68
Woodie	3,607.04	3,675.63	3,864.30	3,932.89	4,121.56	4,190.15	4,378.82
Fibonacci	3,655.62	3,753.89	3,814.60	3,912.88	4,011.15	4,071.86	4,170.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,193.39	3,342.49	3,607.23	3,756.33	4,021.07	4,170.17	4,434.91
Camarilla	3,758.17	3,796.11	3,834.05	3,871.98	3,909.92	3,947.85	3,985.79
Woodie	3,251.22	3,371.40	3,665.06	3,785.24	4,078.90	4,199.08	4,492.74
Fibonacci	3,342.49	3,500.57	3,598.24	3,756.33	3,914.41	4,012.08	4,170.17

Numerical data

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

Technical indicators

Moving averages

RSI (14):	59.25
MACD (12,26,9):	39.6800
Directional Movement:	12.19
AROON (14):	50.00
DEMA (21):	3,866.25
Parabolic SAR (0,02-0,02-0,2):	3,715.28
Elder Ray (13):	130.45
Super Trend (3,10):	3,727.79
Zig ZAG (10):	3,957.25
VORTEX (21):	1.1100
Stochastique (14,3,5):	93.26
TEMA (21):	3,924.95
Williams %R (14):	-16.64
Chande Momentum Oscillator (20):	149.95
Repulse (5,40,3):	0.4000
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	5.37

MA7:	3,865.80
MA20:	3,814.87
MA50:	3,792.26
MA100:	3,906.23
MAexp7:	3,892.21
MAexp20:	3,827.03
MAexp50:	3,830.59
MAexp100:	3,907.16
Price / MA7:	+2.37%
Price / MA20:	+3.73%
Price / MA50:	+4.35%
Price / MA100:	+1.31%
Price / MAexp7:	+1.67%
Price / MAexp20:	+3.40%
Price / MAexp50:	+3.31%
Price / MAexp100:	+1.28%

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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