S&P500 INDEX
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%
6%
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
In the short term, there could be an acceleration of the basic bullish trend on S&P500 INDEX. This is a positive signal for buyers. As long as the price remains above 3,902.08 USD, a purchase could be considered. The first bullish objective is located at 3,998.95 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4,172.77 USD as an objective. Crossing it would then enable buyers to target 4,305.38 USD. In the event of a return below 3,902.08 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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
0
10
6.4

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 N2x. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

The S&P500 INDEX rating 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.

Central Gaps

Bearish opening

Type : Bearish

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 an item:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


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

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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:

Central 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.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard3,886.873,921.643,939.443,974.213,992.014,026.784,044.58
Camarilla3,942.793,947.613,952.433,957.253,962.073,966.893,971.71
Woodie3,878.403,917.403,930.973,969.973,983.544,022.544,036.11
Fibonacci3,921.643,941.723,954.133,974.213,994.294,006.704,026.78


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,567.013,655.623,824.273,912.884,081.534,170.144,338.79
Camarilla3,922.183,945.773,969.353,992.934,016.514,040.094,063.68
Woodie3,607.043,675.633,864.303,932.894,121.564,190.154,378.82
Fibonacci3,655.623,753.893,814.603,912.884,011.154,071.864,170.14


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,193.393,342.493,607.233,756.334,021.074,170.174,434.91
Camarilla3,758.173,796.113,834.053,871.983,909.923,947.853,985.79
Woodie3,251.223,371.403,665.063,785.244,078.904,199.084,492.74
Fibonacci3,342.493,500.573,598.243,756.333,914.414,012.084,170.17

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): 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

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

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