Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, January 23, 2025.

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

Sidelines Mode (+55) - SPGNREP 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 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
2812.56 2822.00 2804.49 2819.02 +7.03
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 up The intermediate-term trend has been UP since Jan 10th, 2025 at 2752.04

short term down The short-term trend has been DOWN since Jan 22nd, 2025 at 2828.44

Smart Scan Analysis for SPGNREP

Based on our trend formula, SPGNREP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPGNREP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2812.56 2822.00 2804.49 2819.02 +7.03
Prev. Close Volume Bid Ask Time
2811.99 0 2025-01-23 12:43:00
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.