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Index Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
S&P GSCI Kansas Wheat ER (CME:SPGSKWP)
Countertrend Up (+85) - SPGSKWP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPGSKWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSKWP.
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 SPGSKWP
The long-term trend has been UP since Apr 25th, 2024 at 15.349
The intermediate-term trend has been UP since Apr 22nd, 2024 at 14.282
The short-term trend has been DOWN since May 17th, 2024 at 16.202
Smart Scan Analysis for SPGSKWP
Based on our trend formula, SPGSKWP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.299 | 16.546 | 15.937 | 15.973 | -0.326 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.299 | 0 | 2024-05-17 15:44:00 |
| 52wk High | 20.49929 | 52wk High Date | 2018-08-07 |
| 52wk Low | 15.11681 | 52wk Low Date | 2018-11-27 |