Index Trend Analysis Report
Prepared for you on Monday, June 14, 2021.
S&P Oil & Gas Exploration & Production Select Industry Index (CME:SPSIOP)
Strong Uptrend (+100) - SPSIOP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPSIOP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPSIOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSIOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSIOP
The long-term trend has been UP since Nov 24th, 2020 at 2209.15
The intermediate-term trend has been UP since May 5th, 2021 at 3256.66
The short-term trend has been UP since May 27th, 2021 at 3366.08
Smart Scan Analysis for SPSIOP
Based on our trend formula, SPSIOP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6918.53||52wk High Date||2018-07-10|
|52wk Low||4719.29||52wk Low Date||2018-02-09|