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Index Trend Analysis Report
Prepared for you on Saturday, January 18, 2025.
S&P GSCI Soybean Meal Dynamic Roll ER (CME:SPDYSMP)
Strong Downtrend (-100) - SPDYSMP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPDYSMP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPDYSMP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYSMP.
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 SPDYSMP
The long-term trend has been DOWN since Nov 1st, 2024 at 941.62
The intermediate-term trend has been DOWN since Jan 16th, 2025 at 909.62
The short-term trend has been DOWN since Jan 16th, 2025 at 923.49
Smart Scan Analysis for SPDYSMP
Based on our trend formula, SPDYSMP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 913.24 | 924.39 | 909.32 | 919.57 | +5.73 |
| Prev. Close | Volume | Bid | Ask | Time |
| 919.27 | 0 | 2025-01-17 14:29:48 |
| 52wk High | 950.1449 | 52wk High Date | 2018-05-01 |
| 52wk Low | 728.4808 | 52wk Low Date | 2018-11-26 |