Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P Oil & Gas Exploration & Production Select Industry Index (CME:SPSIOP)
Sidelines Mode (-55) - SPSIOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 Nov 21st, 2024 at 5687.66
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 5365.83
The short-term trend has been UP since Dec 24th, 2024 at 4965.52
Smart Scan Analysis for SPSIOP
Based on our trend formula, SPSIOP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4967.36 | 4978.92 | 4912.23 | 4950.66 | -16.70 |
Prev. Close | Volume | Bid | Ask | Time |
4967.36 | 0 | 2024-12-26 13:00:00 |
52wk High | 6918.53 | 52wk High Date | 2018-07-10 |
52wk Low | 4719.29 | 52wk Low Date | 2018-02-09 |