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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P Global Agribusiness Composite Index USD (CME:SPAGRDP)

Sidelines Mode (+55) - SPAGRDP 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 SPAGRDP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPAGRDP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPAGRDP
Open High Low SPAGRDP Price Change
1923.93 1936.45 1918.25 1936.40 +13.29
Entry Signal

MarketClub’s Trade Triangles for SPAGRDP

long term up The long-term trend has been UP since Mar 11th, 2024 at 1943.24

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 1955.71

short term up The short-term trend has been UP since Apr 19th, 2024 at 1932.05

Smart Scan Analysis for SPAGRDP

Based on our trend formula, SPAGRDP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPAGRDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1923.93 1936.45 1918.25 1936.40 +13.29
Prev. Close Volume Bid Ask Time
1923.11 0 2024-04-19 16:12:09
52wk High1775.5852wk High Date2018-01-29
52wk Low1570.3552wk Low Date2018-11-27
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