S&P500 Technical Analysis: US Stocks en route to 2,770.00 level
S&P500 daily chart
- The S&P500 is trading in a bear trend below its 200-day simple moving average.
- The S&P500 found support above the 2,620.00 level as it created a double bottom with the October low. The RSI is below the 50 line, MACD is picking up steam and Stochastic is in the oversold zone.
- The next target to the upside are likely the 2,700.00, 2,735.00 and 2770.00 levels
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Additional key level
SP 500
Overview:
Today Last Price: 2677.75
Today Daily change: 1.6e+3 pips
Today Daily change %: 0.611%
Today Daily Open: 2661.5
Trends:
Previous Daily SMA20: 2720.72
Previous Daily SMA50: 2774.82
Previous Daily SMA100: 2820.67
Previous Daily SMA200: 2765.27
Levels:
Previous Daily High: 2676.5
Previous Daily Low: 2629.8
Previous Weekly High: 2747.5
Previous Weekly Low: 2626
Previous Monthly High: 2939.5
Previous Monthly Low: 2604.5
Previous Daily Fibonacci 38.2%: 2658.66
Previous Daily Fibonacci 61.8%: 2647.64
Previous Daily Pivot Point S1: 2635.37
Previous Daily Pivot Point S2: 2609.23
Previous Daily Pivot Point S3: 2588.67
Previous Daily Pivot Point R1: 2682.07
Previous Daily Pivot Point R2: 2702.63
Previous Daily Pivot Point R3: 2728.77