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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
S&P GSCI Coffee (CME:SPGSKC)
Crossroads (-60) - SPGSKC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPGSKC?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSKC.
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 SPGSKC
The long-term trend has been UP since Oct 24th, 2023 at 129.46
The intermediate-term trend has been DOWN since May 2nd, 2024 at 160.83
The short-term trend has been DOWN since May 14th, 2024 at 150.37
Smart Scan Analysis for SPGSKC
Based on our trend formula, SPGSKC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 152.41 | 153.45 | 152.41 | 153.29 | +0.88 |
| Prev. Close | Volume | Bid | Ask | Time |
| 152.41 | 0 | 2024-05-17 05:03:00 |
| 52wk High | 102.4259 | 52wk High Date | 2017-11-30 |
| 52wk Low | 73.2769 | 52wk Low Date | 2018-09-18 |