Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P 600 Oil & Gas Equipment & Services (Sub Ind) (CME:SP600-10101020)

Countertrend Down (-85) - SP600-10101020 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP600-10101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-10101020.

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

CME_SP600-10101020
Open High Low SP600-10101020 Price Change
165.84 166.56 163.06 166.03 +0.25
Entry Signal

MarketClub’s Trade Triangles for SP600-10101020

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 171.27

intermediate term down The intermediate-term trend has been DOWN since Dec 17th, 2024 at 169.98

short term up The short-term trend has been UP since Dec 26th, 2024 at 165.93

Smart Scan Analysis for SP600-10101020

Based on our trend formula, SP600-10101020 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP600-10101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.84 166.56 163.06 166.03 +0.25
Prev. Close Volume Bid Ask Time
165.78 3538740 2024-12-26 14:58:26
52wk High428.3152wk High Date2018-01-25
52wk Low261.4252wk Low Date2018-11-28
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