Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P GSCI Heating Oil TR (CME:SPGSHOTR)
Sidelines Mode (-55) - SPGSHOTR 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 SPGSHOTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSHOTR.
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 SPGSHOTR
The long-term trend has been UP since Feb 8th, 2024 at 2047.21
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 1946.22
The short-term trend has been UP since Apr 26th, 2024 at 1966.89
Smart Scan Analysis for SPGSHOTR
Based on our trend formula, SPGSHOTR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1951.01 | 1968.44 | 1940.39 | 1940.47 | -7.88 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1948.35 | 0 | 2024-04-26 14:30:00 |
| 52wk High | 1005.496 | 52wk High Date | 2018-10-03 |
| 52wk Low | 736.195 | 52wk Low Date | 2018-02-14 |