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Index Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
S&P GSCI Natural Gas (CME:SPGSNG)
Sidelines Mode (+55) - SPGSNG 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 SPGSNG?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSNG.
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 SPGSNG
The long-term trend has been DOWN since Dec 7th, 2023 at 117.099
The intermediate-term trend has been UP since Apr 8th, 2024 at 89.194
The short-term trend has been DOWN since Apr 16th, 2024 at 90.411
Smart Scan Analysis for SPGSNG
Based on our trend formula, SPGSNG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 91.348 | 92.331 | 89.615 | 92.144 | +0.703 |
| Prev. Close | Volume | Bid | Ask | Time |
| 91.441 | 0 | 2024-04-17 20:19:00 |
| 52wk High | 232.1378 | 52wk High Date | 2018-11-14 |
| 52wk Low | 119.8895 | 52wk Low Date | 2018-02-12 |