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Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P Composite 1500 Oil, Gas & Consumable Fuels (Industry) (CME:SP1500-101020)
Sidelines Mode (+55) - SP1500-101020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-101020
The long-term trend has been UP since Mar 1st, 2024 at 752.25
The intermediate-term trend has been DOWN since May 1st, 2024 at 817.42
The short-term trend has been UP since May 6th, 2024 at 820.82
Smart Scan Analysis for SP1500-101020
Based on our trend formula, SP1500-101020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 813.22 | 820.20 | 811.74 | 816.38 | -1.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 816.38 | 183410671 | 2024-05-08 17:00:40 |
| 52wk High | 639.18 | 52wk High Date | 2018-10-09 |
| 52wk Low | 506.2 | 52wk Low Date | 2018-02-09 |