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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P GSCI Petroleum ex Gasoil ER (CME:SPGSXGP)
Sidelines Mode (-55) - SPGSXGP 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 SPGSXGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSXGP.
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 SPGSXGP
The long-term trend has been UP since Mar 1st, 2024 at 344.87
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 356.14
The short-term trend has been UP since Apr 24th, 2024 at 364.99
Smart Scan Analysis for SPGSXGP
Based on our trend formula, SPGSXGP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 364.75 | 365.90 | 361.27 | 362.86 | -1.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 364.61 | 0 | 2024-04-24 12:17:00 |
| 52wk High | 350.4041 | 52wk High Date | 2018-10-03 |
| 52wk Low | 230.8073 | 52wk Low Date | 2018-11-29 |