Sept. 14 (Bloomberg) - The following table shows the levelsof support and resistance, relative strength indexes, moving averages and Bollinger bands for the Standard & Poor's 500 Index.
*T
Prices Relative Strength
Last 1961.05 9-day 47.36
High 1961.05 14-day 44.89
Low 1939.19 30-day 43.82
Support Levels Moving Averages
Third 1910.04 10-day 1952.09
Second 1931.90 30-day 2016.70
First 1946.48 200-day 2070.85
Pivot Point 1953.76
Resistance Levels Bollinger Bands
First 1968.34 Upper 2112.35
Second 1975.62 Middle 1979.35
Third 1997.48 Lower 1846.35
*T
Pivot points identify areas of potential support for a falling market and resistance in a rising market, based on the previous day's high, low and closing prices. There are seven levels, and the middle level signals a change in sentiment.
Relative strength indexes show how rapidly prices have advanced or dropped during a specified time period. Readings above 70 indicate a price may be poised to fall, and readings below 30 indicate it may be poised to rise.
Moving averages point to changes in price trends. When the 30-day average breaks above the 200-day average, for example, the move suggests that prices may rise or vice versa.
Bollinger bands, developed by analyst John Bollinger, are based on historical price swings. The bands narrow and widen to reflect the size of those moves, and represent possible support and resistance levels.
(Bloomberg News (BN) Date: Sep 14 2015)
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