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Index Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
S&P GSCI Heating Oil Dynamic Roll ER (CME:SPDYHOP)
Strong Downtrend (-100) - SPDYHOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPDYHOP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPDYHOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYHOP.
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 SPDYHOP
The long-term trend has been DOWN since May 1st, 2024 at 504.09
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 511.62
The short-term trend has been DOWN since Apr 30th, 2024 at 514.42
Smart Scan Analysis for SPDYHOP
Based on our trend formula, SPDYHOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 509.63 | 511.67 | 498.13 | 498.79 | -10.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 509.77 | 0 | 2024-05-01 19:52:53 |
| 52wk High | 429.3247 | 52wk High Date | 2018-10-03 |
| 52wk Low | 316.4309 | 52wk Low Date | 2018-11-29 |