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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P GSCI Inverse Agriculture & Livestock 1 Month Forward Capped Component TR (CME:SG1MALIT)
Countertrend Up (+85) - SG1MALIT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SG1MALIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SG1MALIT.
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 SG1MALIT
The long-term trend has been UP since Sep 29th, 2023 at 154.95
The intermediate-term trend has been UP since Apr 10th, 2024 at 167.93
The short-term trend has been DOWN since Apr 19th, 2024 at 168.16
Smart Scan Analysis for SG1MALIT
Based on our trend formula, SG1MALIT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 168.36 | 168.95 | 167.93 | 168.95 | +0.58 |
| Prev. Close | Volume | Bid | Ask | Time |
| 168.37 | 0 | 2024-04-19 08:51:23 |
| 52wk High | 207.0097 | 52wk High Date | 2018-07-11 |
| 52wk Low | 177.0582 | 52wk Low Date | 2018-03-06 |