Scary S&P 500 Long-term Price Chart (1982 - Present)
Here is a chart of inflation-adjusted monthly closing prices for the S&P 500 from August 1982 to now. Price data from ONLINE DATA ROBERT SHILLER.The August start date is the beginning of a long-term upside of the S&P 500. The chart shows several complete price cycles plus the upside and fledging downside of the current cycle that is now in the making. The black line is the long-term trendline as computed using the standard liner regression model.
The percent distance between the current price and its corresponding trendline price is shown at the bottom of the chart. In previous price cycles prices rose above the trendline for many months, fell back to the trendline and even fell below it. This reversion to the mean is present in many stock price charts.
Current S&P 500 value of 5,260.00 is 18.59% from the trendline.
More Charts: S&P 1905 - Present S&P 1971 - Present NASDAQ Composite Index 1971 - Present