Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
S&P GSCI Biofuel (CME:SPGSBF)
Strong Uptrend (+100) - SPGSBF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSBF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPGSBF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSBF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSBF
The long-term trend has been UP since Jul 1st, 2020 at 99.609
The intermediate-term trend has been UP since Jul 1st, 2020 at 99.609
The short-term trend has been UP since Jul 31st, 2020 at 98.676
Smart Scan Analysis for SPGSBF
Based on our trend formula, SPGSBF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||113.0795||52wk High Date||2017-11-30|
|52wk Low||94.4972||52wk Low Date||2018-07-16|