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Index Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
S&P GSCI Soybean Oil (CME:SPGSBO)
Sidelines Mode (+55) - SPGSBO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Mar 28th, 2025 at 218.57
The short-term trend has been DOWN since Apr 29th, 2025 at 240.96
Smart Scan Analysis for SPGSBO
Based on our trend formula, SPGSBO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 237.48 | 238.02 | 236.55 | 236.94 | +0.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 236.55 | 0 | 2025-05-09 02:55:00 |
| 52wk High | 169.9167 | 52wk High Date | 2017-11-30 |
| 52wk Low | 132.925 | 52wk Low Date | 2018-09-19 |