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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

S&P / Harel Energy Index TR (CME:SPHLENIT)

Crossroads (-60) - SPHLENIT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPHLENIT
Open High Low SPHLENIT Price Change
2879.48 2879.48 2823.53 2841.31 -26.86
Entry Signal

MarketClub’s Trade Triangles for SPHLENIT

long term up The long-term trend has been UP since Sep 30th, 2024 at 2704.90

intermediate term down The intermediate-term trend has been DOWN since Dec 15th, 2024 at 2854.69

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 2892.82

Smart Scan Analysis for SPHLENIT

Based on our trend formula, SPHLENIT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPHLENIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2879.48 2879.48 2823.53 2841.31 -26.86
Prev. Close Volume Bid Ask Time
2841.41 0 2024-12-19 11:30:01
52wk High2099.4852wk High Date2018-11-29
52wk Low1770.5452wk Low Date2018-06-28
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