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Index Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
S&P Oil & Gas Exploration & Production Select Industry Index (CME:SPSIOP)
Crossroads (-60) - SPSIOP 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 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.
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MarketClub’s Trade Triangles for SPSIOP
The long-term trend has been UP since Jun 5th, 2020 at 2380.78
The intermediate-term trend has been DOWN since Jun 25th, 2020 at 1935.75
The short-term trend has been DOWN since Jul 7th, 2020 at 1928.52
Smart Scan Analysis for SPSIOP
Based on our trend formula, SPSIOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1918.32 | 1952.38 | 1895.21 | 1921.15 | +2.83 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2119.56 | 0 | 2020-07-08 16:19:45 |
| 52wk High | 6918.53 | 52wk High Date | 2018-07-10 |
| 52wk Low | 4719.29 | 52wk Low Date | 2018-02-09 |