Index Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
S&P GSCI Precious Metals (CME:SPGSPM)
Strong Uptrend (+100) - SPGSPM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSPM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPGSPM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSPM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSPM
The long-term trend has been UP since Apr 6th, 2020 at 2184.283
The intermediate-term trend has been UP since Apr 6th, 2020 at 2149.324
The short-term trend has been UP since May 29th, 2020 at 2241.636
Smart Scan Analysis for SPGSPM
Based on our trend formula, SPGSPM is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1794.37||52wk High Date||2018-01-25|
|52wk Low||1521.329||52wk Low Date||2018-08-16|