Index Trend Analysis Report
Prepared for you on Saturday, February 22, 2020.
S&P Global Agribusiness Composite Index EUR (CME:SPAGREP)
Sidelines Mode (-55) - SPAGREP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Feb 3rd, 2020 at 1636.99
The intermediate-term trend has been UP since Feb 18th, 2020 at 1708.46
The short-term trend has been DOWN since Feb 21st, 2020 at 1696.01
Smart Scan Analysis for SPAGREP
Based on our trend formula, SPAGREP is rated as a -55 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|