Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
S&P GSCI Soybean Meal Dynamic Roll ER (CME:SPDYSMP)
Weak Uptrend (+65) - SPDYSMP is showing signs of weakening momentum to the upside. Monitor SPDYSMP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SPDYSMP
The long-term trend has been UP since Nov 15th, 2021 at 865.372
The intermediate-term trend has been UP since Oct 25th, 2021 at 776.054
The short-term trend has been DOWN since Dec 7th, 2021 at 830.512
Smart Scan Analysis for SPDYSMP
Based on our trend formula, SPDYSMP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||950.1449||52wk High Date||2018-05-01|
|52wk Low||728.4808||52wk Low Date||2018-11-26|