Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
S&P Global Agribusiness Composite Index USD (CME:SPAGRDP)
Bull Market Weakness (+75) - SPAGRDP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPAGRDP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPAGRDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAGRDP.
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 SPAGRDP
The long-term trend has been DOWN since Feb 3rd, 2020 at 1521.72
The intermediate-term trend has been UP since May 26th, 2020 at 1282.29
The short-term trend has been UP since May 26th, 2020 at 1266.65
Smart Scan Analysis for SPAGRDP
Based on our trend formula, SPAGRDP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1305.44 | 1309.27 | 1294.05 | 1305.79 | +3.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1270.81 | 0 | 2020-06-01 13:16:14 |
| 52wk High | 1775.58 | 52wk High Date | 2018-01-29 |
| 52wk Low | 1570.35 | 52wk Low Date | 2018-11-27 |