Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
The Brent Crude Oil Benchmark Index (CME:SGICBRB)
Bear Market Rally (-75) - SGICBRB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGICBRB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SGICBRB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGICBRB.
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 SGICBRB
The long-term trend has been DOWN since Mar 5th, 2025 at 6611.29
The intermediate-term trend has been DOWN since Apr 4th, 2025 at 6592.34
The short-term trend has been UP since May 6th, 2025 at 6039.35
Smart Scan Analysis for SGICBRB
Based on our trend formula, SGICBRB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6119.38 | 6157.41 | 6111.62 | 6155.86 | +73.93 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6081.93 | 0 | 2025-05-09 03:38:18 |
| 52wk High | 5999.665 | 52wk High Date | 2018-10-03 |
| 52wk Low | 4007.394 | 52wk Low Date | 2018-11-29 |