Index Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
S&P GSCI Petroleum ER (CME:SPGSPTP)
Countertrend Up (+85) - SPGSPTP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPGSPTP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSPTP.
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 SPGSPTP
The long-term trend has been UP since Mar 1st, 2024 at 390.38
The intermediate-term trend has been UP since Dec 26th, 2023 at 370.41
The short-term trend has been DOWN since Mar 26th, 2024 at 396.80
Smart Scan Analysis for SPGSPTP
Based on our trend formula, SPGSPTP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
399.84 | 401.08 | 399.50 | 400.58 | -0.43 |
Prev. Close | Volume | Bid | Ask | Time |
401.01 | 0 | 2024-03-28 04:35:00 |
52wk High | 372.7541 | 52wk High Date | 2018-10-03 |
52wk Low | 248.3092 | 52wk Low Date | 2018-11-29 |