Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P Global Natural Resources Index (EURO) (CME:SPGNREP)

Bear Market Rally (-75) - SPGNREP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGNREP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SPGNREP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGNREP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGNREP
Open High Low SPGNREP Price Change
2656.68 2657.06 2645.31 2649.40 -7.53
Entry Signal

MarketClub’s Trade Triangles for SPGNREP

long term down The long-term trend has been DOWN since Dec 20th, 2024 at 2618.46

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2024 at 2775.67

short term up The short-term trend has been UP since Dec 24th, 2024 at 2644.42

Smart Scan Analysis for SPGNREP

Based on our trend formula, SPGNREP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGNREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2656.68 2657.06 2645.31 2649.40 -7.53
Prev. Close Volume Bid Ask Time
2656.93 0 2024-12-26 17:21:00
52wk High2452.8552wk High Date2018-05-22
52wk Low2090.4252wk Low Date2018-11-26
Get a free daily analysis and signals for S&P Global Natural Resources Index (EURO) (SPGNREP) - Request Your Free Report.