Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
S&P GSCI Soybean Oil ER (CME:SPGSBOP)
Long-Term Uptrend (+90) - SPGSBOP is in a strong uptrend that is likely to continue. While SPGSBOP 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 SPGSBOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSBOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPGSBOP
The long-term trend has been UP since Jul 7th, 2020 at 56.981
The intermediate-term trend has been UP since Sep 30th, 2021 at 130.637
The short-term trend has been UP since Oct 15th, 2021 at 133.184
Smart Scan Analysis for SPGSBOP
Based on our trend formula, SPGSBOP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 136.873 | 138.345 | 136.171 | 136.346 | -1.713 |
| Prev. Close | Volume | Bid | Ask | Time |
| 136.346 | 0 | 2021-10-22 15:36:26 |
| 52wk High | 80.01045 | 52wk High Date | 2017-11-30 |
| 52wk Low | 59.60509 | 52wk Low Date | 2018-11-26 |