Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
S&P GSCI Inverse Energy 1 Month Forward Capped Commodity TR (CME:SG1MENIT)
Countertrend Down (-85) - SG1MENIT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SG1MENIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SG1MENIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SG1MENIT
The long-term trend has been DOWN since Jan 14th, 2022 at 6.1866
The intermediate-term trend has been DOWN since Dec 27th, 2021 at 6.9613
The short-term trend has been UP since Jan 20th, 2022 at 6.1734
Smart Scan Analysis for SG1MENIT
Based on our trend formula, SG1MENIT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.1643 | 6.1933 | 6.0853 | 6.1033 | -0.1184 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.1033 | 0 | 2022-01-21 15:45:19 |
| 52wk High | 12.1707 | 52wk High Date | 2017-12-07 |
| 52wk Low | 8.7524 | 52wk Low Date | 2018-10-03 |