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Index Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
S&P GSCI Sugar (CME:SPGSSB)
Bear Market Rally (-75) - SPGSSB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSSB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGSSB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSSB.
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 SPGSSB
The long-term trend has been DOWN since Dec 1st, 2023 at 263.68
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 222.53
The short-term trend has been UP since Apr 29th, 2024 at 208.21
Smart Scan Analysis for SPGSSB
Based on our trend formula, SPGSSB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 202.32 | 205.16 | 201.05 | 202.63 | +0.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 202.63 | 0 | 2024-05-02 15:48:00 |
| 52wk High | 161.7896 | 52wk High Date | 2018-01-03 |
| 52wk Low | 104.4211 | 52wk Low Date | 2018-08-22 |