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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P GSCI Grains (CME:SPGSGR)
Sidelines Mode (+55) - SPGSGR 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 SPGSGR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSGR.
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 SPGSGR
The long-term trend has been DOWN since Dec 2nd, 2022 at 547.81
The intermediate-term trend has been UP since Apr 12th, 2024 at 402.92
The short-term trend has been DOWN since Apr 12th, 2024 at 396.17
Smart Scan Analysis for SPGSGR
Based on our trend formula, SPGSGR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 395.48 | 397.83 | 392.45 | 397.67 | +2.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 395.42 | 0 | 2024-04-19 14:28:00 |
| 52wk High | 371.2334 | 52wk High Date | 2018-05-29 |
| 52wk Low | 307.0065 | 52wk Low Date | 2018-07-12 |