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Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
S&P GSCI Grains ER (CME:SPGSGRP)
Long-Term Downtrend (-90) - SPGSGRP is in a strong downtrend that is likely to continue. While SPGSGRP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSGRP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSGRP.
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 SPGSGRP
The long-term trend has been DOWN since Sep 12th, 2023 at 27.684
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 23.355
The short-term trend has been DOWN since Apr 9th, 2024 at 23.664
Smart Scan Analysis for SPGSGRP
Based on our trend formula, SPGSGRP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.343 | 23.482 | 23.164 | 23.472 | +0.132 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.462 | 0 | 2024-04-19 14:28:00 |
| 52wk High | 25.3539 | 52wk High Date | 2018-05-29 |
| 52wk Low | 20.32374 | 52wk Low Date | 2018-09-18 |