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Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

SPDR S&P Oil & Gas Exploration & Production ETF (GIF:XOP)

Bull Market Weakness (+75) - XOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XOP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid XOP?

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

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

GIF_XOP
Open High Low XOP Price Change
55.2099 55.2099 51.2388 51.7953 -0.9119
Entry Signal

MarketClub’s Trade Triangles for XOP

long term up The long-term trend has been UP since Mar 30th, 2020 at 24.4820

intermediate term up The intermediate-term trend has been UP since Mar 30th, 2020 at 14.3080

short term down The short-term trend has been DOWN since May 29th, 2020 at 52.5138

Smart Scan Analysis for XOP

Based on our trend formula, XOP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for XOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.2099 55.2099 51.2388 51.7953 -0.9119
Prev. Close Volume Bid Ask Time
32.0792 0 2020-05-29 19:14:29
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