Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
S&P GSCI Inverse Energy 1 Month Forward Capped Commodity TR (CME:SG1MENIT)
Sidelines Mode (+55) - SG1MENIT 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 SG1MENIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SG1MENIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SG1MENIT
The long-term trend has been DOWN since Mar 14th, 2024 at 4.1195
The intermediate-term trend has been UP since Apr 22nd, 2024 at 4.1219
The short-term trend has been DOWN since Apr 24th, 2024 at 4.0256
Smart Scan Analysis for SG1MENIT
Based on our trend formula, SG1MENIT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0535 | 4.0877 | 4.0353 | 4.0792 | +0.0232 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0560 | 0 | 2024-04-25 09:58:28 |
| 52wk High | 12.1707 | 52wk High Date | 2017-12-07 |
| 52wk Low | 8.7524 | 52wk Low Date | 2018-10-03 |