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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P GSCI Heating Oil Dynamic Roll ER (CME:SPDYHOP)
Long-Term Downtrend (-90) - SPDYHOP is in a strong downtrend that is likely to continue. While SPDYHOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPDYHOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYHOP.
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 SPDYHOP
The long-term trend has been DOWN since May 1st, 2024 at 504.09
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 502.84
The short-term trend has been DOWN since Jul 25th, 2024 at 486.78
Smart Scan Analysis for SPDYHOP
Based on our trend formula, SPDYHOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 496.38 | 496.38 | 485.49 | 488.83 | -7.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 496.38 | 0 | 2024-07-26 15:33:23 |
| 52wk High | 429.3247 | 52wk High Date | 2018-10-03 |
| 52wk Low | 316.4309 | 52wk Low Date | 2018-11-29 |