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
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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.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by S&P500 INDEX:
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:
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:
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
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
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 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
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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:
- Ford Motor Tops SP-500 Performance List by FX Empire
- US Dollar Charges Through Resistance: Does It Continue and Will SPX Find Its Own Break?
- SP500 Recovers Early Losses, Dow Trades Flat
- SP 500 and NASDAQ 100 Forecast July 23, 2021
- SP 500 and NASDAQ 100 Forecast April 14, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
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