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Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
S&P GSCI Heating Oil (CME:SPGSHO)
Strong Downtrend (-100) - SPGSHO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSHO continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSHO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSHO.
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 SPGSHO
The long-term trend has been DOWN since Nov 7th, 2023 at 342.64
The intermediate-term trend has been DOWN since Oct 4th, 2023 at 379.63
The short-term trend has been DOWN since Nov 30th, 2023 at 331.31
Smart Scan Analysis for SPGSHO
Based on our trend formula, SPGSHO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 313.53 | 316.23 | 310.65 | 311.99 | +2.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 311.99 | 0 | 2023-12-08 15:38:00 |
| 52wk High | 297.5225 | 52wk High Date | 2018-10-03 |
| 52wk Low | 219.796 | 52wk Low Date | 2018-02-14 |