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Index Trend Analysis Report
Prepared for you on Monday, January 13, 2025.
S&P GSCI Soybean Oil (CME:SPGSBO)
Long-Term Uptrend (+90) - SPGSBO is in a strong uptrend that is likely to continue. While SPGSBO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPGSBO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSBO.
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 SPGSBO
The long-term trend has been UP since Nov 1st, 2024 at 225.82
The intermediate-term trend has been UP since Jan 9th, 2025 at 211.07
The short-term trend has been UP since Jan 7th, 2025 at 200.69
Smart Scan Analysis for SPGSBO
Based on our trend formula, SPGSBO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 225.82 | 226.46 | 223.47 | 224.25 | -1.23 |
| Prev. Close | Volume | Bid | Ask | Time |
| 225.48 | 0 | 2025-01-13 07:30:00 |
| 52wk High | 169.9167 | 52wk High Date | 2017-11-30 |
| 52wk Low | 132.925 | 52wk Low Date | 2018-09-19 |