Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, April 30, 2024.
S&P GSCI Soybeans TR (CME:SPGSSOTR)
Strong Downtrend (-100) - SPGSSOTR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSSOTR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSSOTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSSOTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPGSSOTR
The long-term trend has been DOWN since Oct 2nd, 2023 at 6785.80
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 6205.24
The short-term trend has been DOWN since Apr 30th, 2024 at 6166.37
Smart Scan Analysis for SPGSSOTR
Based on our trend formula, SPGSSOTR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6180.52 | 6226.56 | 6085.39 | 6089.34 | -88.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6177.89 | 0 | 2024-04-30 20:22:00 |
| 52wk High | 4609.802 | 52wk High Date | 2018-03-02 |
| 52wk Low | 3386.417 | 52wk Low Date | 2018-09-18 |