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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P / Harel Energy Index (CME:SPHLENIP)

Long-Term Uptrend (+90) - SPHLENIP is in a strong uptrend that is likely to continue. While SPHLENIP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SPHLENIP?

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

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

CME_SPHLENIP
Open High Low SPHLENIP Price Change
1753.16 1764.81 1730.38 1737.91 -15.25
Entry Signal

MarketClub’s Trade Triangles for SPHLENIP

long term up The long-term trend has been UP since Oct 1st, 2024 at 1707.26

intermediate term up The intermediate-term trend has been UP since Sep 26th, 2024 at 1658.12

short term up The short-term trend has been UP since Oct 15th, 2024 at 1693.59

Smart Scan Analysis for SPHLENIP

Based on our trend formula, SPHLENIP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPHLENIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1753.16 1764.81 1730.38 1737.91 -15.25
Prev. Close Volume Bid Ask Time
1737.91 0 2024-10-22 11:29:45
52wk High1661.1852wk High Date2018-09-25
52wk Low1426.5352wk Low Date2018-06-28
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