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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

S&P Oil & Gas Equipment Select Industry Index (CME:SPSIOS)

Sidelines Mode (+55) - SPSIOS 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 SPSIOS?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPSIOS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPSIOS
Open High Low SPSIOS Price Change
960.26 961.90 943.46 953.50 -6.76
Entry Signal

MarketClub’s Trade Triangles for SPSIOS

long term up The long-term trend has been UP since Mar 13th, 2024 at 913.37

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 948.59

short term up The short-term trend has been UP since Apr 23rd, 2024 at 952.20

Smart Scan Analysis for SPSIOS

Based on our trend formula, SPSIOS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPSIOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
960.26 961.90 943.46 953.50 -6.76
Prev. Close Volume Bid Ask Time
953.50 0 2024-04-24 17:07:32
52wk High1973.8752wk High Date2018-01-16
52wk Low1205.6652wk Low Date2018-11-28
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