S&P 200 (AXJO.NDX)

Close: 8 220.90 (+19.30), Dec 24, 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 has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index has broken up through resistance at points 8200. This predicts a further rise. In case of negative reactions, there will now be support at points 8200. Volume tops and volume bottoms correspond badly with tops and bottoms in the price. This weakens the index. The RSI curve shows a falling trend, which could be an early signal of the start of a falling trend for the price as well. The index is overall assessed as technically positive for the short term.

Recommendation one to six weeks: Positive

Medium term

S&P 200 shows strong development within 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. The index is approaching support at 8100 points, which may give a positive reaction. However, a break downwards through 8100 points will be a negative signal. The RSI curve shows a falling trend, which is an early signal of a possible trend reversal downwards for the price as well. The index is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive

Long term

Investors have paid higher prices over time to buy S&P 200 and the index is in 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 7600 points. 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-0.55%0.00+0.24%
5 days-90.971.80%0.61-1.12%
22 days-28.464.26%0.62-2.06%
66 days-23.697.68%0.58+0.83%
 


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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