Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
S&P GSCI Biofuel TR (CME:SPGSBFTR)
Bear Market Rally (-75) - SPGSBFTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSBFTR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGSBFTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSBFTR.
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 SPGSBFTR
The long-term trend has been DOWN since Dec 1st, 2023 at 94.313
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 83.784
The short-term trend has been UP since Apr 21st, 2024 at 80.378
Smart Scan Analysis for SPGSBFTR
Based on our trend formula, SPGSBFTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
81.524 | 81.835 | 81.085 | 81.691 | +0.213 |
Prev. Close | Volume | Bid | Ask | Time |
81.478 | 0 | 2024-04-23 14:29:00 |
52wk High | 58.874 | 52wk High Date | 2017-11-30 |
52wk Low | 46.4247 | 52wk Low Date | 2018-09-18 |