Index Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
S&P Global Natural Resources Index (CME:SPGNRUP)
Weak Downtrend (-65) - SPGNRUP is showing signs of a strengthening downtrend. Monitor SPGNRUP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPGNRUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGNRUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGNRUP
The long-term trend has been UP since Nov 9th, 2020 at 2211.60
The intermediate-term trend has been DOWN since Jun 17th, 2021 at 2927.26
The short-term trend has been DOWN since Jun 14th, 2021 at 3023.44
Smart Scan Analysis for SPGNRUP
Based on our trend formula, SPGNRUP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2884.79||52wk High Date||2018-01-25|
|52wk Low||2346.37||52wk Low Date||2018-11-28|