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Index Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
S&P GSCI Natural Gas Dynamic Roll ER (CME:SPDYNGP)
Long-Term Downtrend (-90) - SPDYNGP is in a strong downtrend that is likely to continue. While SPDYNGP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPDYNGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYNGP.
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 SPDYNGP
The long-term trend has been DOWN since Dec 20th, 2022 at 158.970
The intermediate-term trend has been DOWN since Aug 29th, 2023 at 91.225
The short-term trend has been DOWN since Sep 15th, 2023 at 89.517
Smart Scan Analysis for SPDYNGP
Based on our trend formula, SPDYNGP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 88.110 | 88.764 | 87.155 | 87.646 | -0.573 |
| Prev. Close | Volume | Bid | Ask | Time |
| 88.219 | 0 | 2023-09-21 11:17:53 |
| 52wk High | 90.0159 | 52wk High Date | 2018-11-19 |
| 52wk Low | 72.0656 | 52wk Low Date | 2017-12-21 |