CHART OF THE WEEK

UP Indices offers many charts based on the UP World LNG Shipping Index. We publish a picture of one of them weekly with a short comment – a Chart of the Week. There is no archive of the pictures. If you want to get the picture of a chart to your mailbox, please sign up or try our free 14-day trial.

Chart of the Week 17

The UP World LNG Shipping Index has been trading sideways at the top of the 2023 resistance for the past five weeks. The leading US index, SPX, experienced a 3% decline, which could impact all other stocks and indices. This week will be a significant test of the strength of UPI and global LNG shipping stocks. Despite the early off-season, UPI has remained relatively strong and is staying on top of the resistance mentioned earlier.

Bonus: Our Freemium service offers free access to the UP World LNG Shipping Index chart compared to the S&P 500, showcasing data from 2020 onwards after a quick and easy registration process.

Week 17-2024: Chart of the UP World LNG Shipping Index with S&P 500 (Source: UP-Indices)
Week 17-2024: Chart of the UP World LNG Shipping Index with S&P 500 (Source: UP-Indices)

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