Index Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
S&P Global Agribusiness Composite Index EUR (CME:SPAGREP)
Long-Term Uptrend (+90) - SPAGREP is in a strong uptrend that is likely to continue. While SPAGREP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPAGREP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPAGREP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPAGREP
The long-term trend has been UP since Oct 25th, 2021 at 2039.18
The intermediate-term trend has been UP since Sep 27th, 2021 at 1959.87
The short-term trend has been UP since Jan 18th, 2022 at 2180.35
Smart Scan Analysis for SPAGREP
Based on our trend formula, SPAGREP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1771.36||52wk High Date||2018-05-29|
|52wk Low||1565.84||52wk Low Date||2018-04-04|