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Index Trend Analysis Report
Prepared for you on Tuesday, November 5, 2024.
S&P GSCI Biofuel TR (CME:SPGSBFTR)
Countertrend Up (+85) - SPGSBFTR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPGSBFTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSBFTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGSBFTR
The long-term trend has been UP since Sep 23rd, 2024 at 82.074
The intermediate-term trend has been UP since Nov 1st, 2024 at 84.607
The short-term trend has been DOWN since Nov 5th, 2024 at 82.423
Smart Scan Analysis for SPGSBFTR
Based on our trend formula, SPGSBFTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 82.967 | 83.017 | 82.231 | 82.749 | -0.205 |
| Prev. Close | Volume | Bid | Ask | Time |
| 82.954 | 0 | 2024-11-05 14:25:00 |
| 52wk High | 58.874 | 52wk High Date | 2017-11-30 |
| 52wk Low | 46.4247 | 52wk Low Date | 2018-09-18 |