S&P 200 (AXJO.NDX)

Close: 8 393.80 (+70.80), Nov 22, 2024
Positive

Liquidity risk: Volatility risk:

Overall analysis

S&P 200 is technically positive for the short, medium, as well as the long term.

Recommendation one to six months: Positive

Short term

S&P 200 is in a rising trend channel in the short term. This signals increasing optimism among investors and indicates continued rise. The index has broken up through resistance at points 8360. This predicts a further rise. Negative volume balance indicates that sellers are aggressive while buyers are passive, and weakens the index. The index is overall assessed as technically positive for the short term.

Recommendation one to six weeks: Positive

Medium term

S&P 200 is in a rising trend channel in the medium long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 8110 points. Negative volume balance indicates that sellers are aggressive while buyers are passive, and weakens the index. The RSI curve shows a rising trend, which supports the positive trend. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive

Long term

S&P 200 shows strong development within a rising trend channel in the long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The price has risen strongly since the positive signal from the rectangle formation at the break through resistance at 7372. The objective at 8050 is now met, but the formation still gives a signal in the same direction. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 7560 points. Negative volume balance shows that volume is higher on days with falling prices than days with rising prices. This indicates decreasing optimism among investors. Trading volume has increased substantially lately. This shows there is an increased interest for the index, possibly because of fundamental news. The index is overall assessed as technically positive for the long term.

Recommendation one to six quarters: Positive



Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.54%0.00+0.85%
5 days-16.681.79%0.43+1.31%
22 days-46.714.20%0.50+2.16%
66 days-0.337.72%0.50+4.79%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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