Index Trend Analysis Report
Prepared for you on Thursday, July 16, 2020.
S&P GSCI Agriculture Capped Component EUR TR (CME:SPGSAGSCTRE)
Bear Market Rally (-75) - SPGSAGSCTRE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSAGSCTRE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGSAGSCTRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSAGSCTRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSAGSCTRE
The long-term trend has been DOWN since Mar 5th, 2020 at 73.535
The intermediate-term trend has been UP since Jul 9th, 2020 at 67.014
The short-term trend has been DOWN since Jul 13th, 2020 at 66.066
Smart Scan Analysis for SPGSAGSCTRE
Based on our trend formula, SPGSAGSCTRE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||90.0614||52wk High Date||2018-05-29|
|52wk Low||72.317||52wk Low Date||2018-09-18|