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Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
S&P GSCI Heating Oil Dynamic Roll ER (CME:SPDYHOP)
Strong Downtrend (-100) - SPDYHOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPDYHOP continues to fall. 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 Nov 8th, 2023 at 508.15
The intermediate-term trend has been DOWN since Oct 3rd, 2023 at 555.58
The short-term trend has been DOWN since Nov 30th, 2023 at 510.43
Smart Scan Analysis for SPDYHOP
Based on our trend formula, SPDYHOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 485.02 | 489.56 | 480.92 | 482.98 | +3.92 |
| Prev. Close | Volume | Bid | Ask | Time |
| 479.06 | 0 | 2023-12-08 15:38:31 |
| 52wk High | 429.3247 | 52wk High Date | 2018-10-03 |
| 52wk Low | 316.4309 | 52wk Low Date | 2018-11-29 |