Index Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
S&P Global Agribusiness Equity Index (CME:SPAGREDP)
Weak Downtrend (-65) - SPAGREDP is showing signs of a strengthening downtrend. Monitor SPAGREDP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPAGREDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAGREDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAGREDP
The long-term trend has been DOWN since Jul 8th, 2021 at 5669.27
The intermediate-term trend has been DOWN since Jun 14th, 2021 at 6005.39
The short-term trend has been UP since Jul 28th, 2021 at 5685.39
Smart Scan Analysis for SPAGREDP
Based on our trend formula, SPAGREDP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5031||52wk High Date||2018-01-26|
|52wk Low||4242.83||52wk Low Date||2018-10-26|