Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P Oil & Gas Exploration & Production Select Industry Index (CME:SPSIOP)
Bull Market Weakness (+75) - SPSIOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPSIOP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPSIOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSIOP.
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 SPSIOP
The long-term trend has been UP since Mar 1st, 2024 at 5478.44
The intermediate-term trend has been UP since Jan 30th, 2024 at 5279.55
The short-term trend has been UP since Apr 12th, 2024 at 6222.84
Smart Scan Analysis for SPSIOP
Based on our trend formula, SPSIOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5902.69 | 5939.18 | 5834.01 | 5853.18 | -49.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5853.18 | 0 | 2024-04-18 16:19:45 |
| 52wk High | 6918.53 | 52wk High Date | 2018-07-10 |
| 52wk Low | 4719.29 | 52wk Low Date | 2018-02-09 |