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Archive - 9/27/2024 - Sign In to see current Signals. |
S&P 500 (^GSPC) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a third consecutive positive week for the S&P 500 (^GSPC). During the week, the ^GSPC climbed 35.62 points, or 0.62%, and closed at 5738.17 on Friday, September 27, 2024. ^GSPC was trading at average weekly trading volume. Long-term trend: [See ^GSPC long-term trend chart] A long-term uptrend had started on October 13, 2022 at 3491.58 and reached 5767.37 on September 26, 2024. ^GSPC gained -2275.79 points, or -65.18%, in 102 weeks. Price is near the trend high. Medium-term trend: [See ^GSPC medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 5119.26 and reached 5767.37 on September 26, 2024. ^GSPC gained -648.11 points, or -12.66%, in 7 weeks. Price is near the trend high. Weekly Technical Indicators: [See ^GSPC weekly technical indicators chart] Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since July 26, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help. Short-term trend: [See ^GSPC short-term trend chart] A short-term uptrend had started on September 6, 2024 at 5402.62 and reached 5767.37 on September 26, 2024. ^GSPC gained -364.75 points, or -6.75%, in 20 days. The price is now at the 8.01% retracement level. Daily Technical Indicators: [See ^GSPC daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Relative Strength Index help. The daily MACD line is above its signal line since September 12, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
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Industry |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
5402.62 |
Low Date |
09/06/2024 |
High |
5767.37 |
High Date |
09/26/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
5119.26 |
Low Date |
08/05/2024 |
High |
5767.37 |
High Date |
09/26/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
4103.78 |
Low Date |
10/27/2023 |
High |
5767.37 |
High Date |
09/26/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
3491.58 |
Low Date |
10/13/2022 |
High |
5767.37 |
High Date |
09/26/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
666.79 |
Low Date |
03/06/2009 |
High |
5767.37 |
High Date |
09/26/2024 |
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