Index Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
S&P GSCI Agriculture ER (CME:SPGSAGP)
Bear Market Rally (-75) - SPGSAGP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSAGP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGSAGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSAGP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSAGP
The long-term trend has been DOWN since Jun 23rd, 2022 at 53.110
The intermediate-term trend has been DOWN since Apr 24th, 2023 at 48.699
The short-term trend has been UP since May 26th, 2023 at 47.213
Smart Scan Analysis for SPGSAGP
Based on our trend formula, SPGSAGP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||39.8736||52wk High Date||2018-05-29|
|52wk Low||32.27647||52wk Low Date||2018-09-18|