CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

USA500 Analysis

US Session Analysis for CFD Instruments 05/02/2021

Fundamental analysis

05 February, 2021

US stocks were on track to rise to all-time highs Friday at the end of a stellar week in which the S&P 500 had already risen about 4% and was heading for its strongest weekly gain in three months. Better-than-expected economic data from the US has sparked new optimism that the recovery will be a powerful one. Figures released Thursday showed that new US unemployment claims fell last week for the third week in a row - to 779,000 - and factory orders rose more than expected in December.

Technical analysis

USA500 Analysis Technical analysis 05/02/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 05/02/2021

Support & Resistance Level Explanation
Resistance 2 3926.57 Daily R2
Resistance 1 3907.82 Daily R1
Support 1 3857.82 Daily S1
Support 2 3839.07 Daily S2

USA500 Indicator Table - 05/02/2021

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Buy
Stochastic ( 9;6;3) Buy

USA500 Indicator / Period Table - 05/02/2021

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

USA500 05/02/2021 - Reference Price : 3882.82

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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