S&P 500 Analysis - Short and Medium Term Outlook
As of January 2, 2026, the S&P 500 index closed at 6,858.47, reflecting a gain of 12.97 points. This report provides a detailed analysis focusing on the short-term and medium-term outlook for the index.
Overall Analysis
The S&P 500 is currently in a rising trend channel, indicating increasing optimism among investors. The overall technical assessment is slightly positive, with a score of 73.
Short Term Outlook
The S&P 500 is experiencing a short-term rising trend, with support at 6,720 and resistance at 6,900. The index is assessed as technically slightly positive for the short term.
| Period | Volatility | Liquidity | Change (%) |
|---|---|---|---|
| 1 day | 0.70% | 0.00 | +0.19% |
| 5 days | 2.36% | 0.00 | -1.06% |
| 22 days | 6.13% | 0.00 | +0.67% |
| 66 days | 12.77% | 0.00 | +3.03% |
Recommendation (1 to 6 weeks): Weak Positive (Score: 44)
Medium Term Outlook
In the medium term, the S&P 500 is also in a rising trend channel, indicating positive market development. The index is currently testing resistance at 6,900. A breakthrough above this level would signal further upward momentum, while a failure could lead to a negative reaction.
The RSI curve shows a declining trend, which may indicate a potential trend reversal. Overall, the medium-term assessment remains slightly positive.
Recommendation (1 to 6 months): Weak Positive (Score: 27)
Key Indicators
| Indicator | Price | Objective |
|---|---|---|
| High-RSI | 7,244.40 | - |
| Last Close | 6,858.47 | - |
| Short Term Trading Range | 6,721.43 | - |
| Long Term Trading Range | 6,538.76 | - |
| Low-RSI | 6,443.37 | - |
Conclusion
The S&P 500 is currently positioned in a rising trend channel, with both short-term and medium-term outlooks indicating slight positivity. Investors should remain cautious, particularly in the medium term, as the RSI suggests potential downward pressure. Monitoring key resistance levels will be crucial for determining future price movements.