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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Bull Market Weakness (+75) - SPHLENIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPHLENIT as it may be in the beginning stages of a reversal.

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
2636.95 2636.95 2601.13 2617.90 -19.05
Entry Signal

MarketClub’s Trade Triangles for SPHLENIT

long term down The long-term trend has been DOWN since Jun 23rd, 2024 at 2481.12

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 2585.50

short term up The short-term trend has been UP since Jul 24th, 2024 at 2628.85

Smart Scan Analysis for SPHLENIT

Based on our trend formula, SPHLENIT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPHLENIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2636.95 2636.95 2601.13 2617.90 -19.05
Prev. Close Volume Bid Ask Time
2617.90 0 2024-07-25 11:30:01
52wk High2099.4852wk High Date2018-11-29
52wk Low1770.5452wk Low Date2018-06-28
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