Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
S&P GSCI Soybean Oil TR (CME:SPGSBOTR)
Weak Downtrend (-65) - SPGSBOTR is showing signs of a strengthening downtrend. Monitor SPGSBOTR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPGSBOTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSBOTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSBOTR
The long-term trend has been UP since Jun 30th, 2023 at 193.89
The intermediate-term trend has been DOWN since Sep 11th, 2023 at 200.19
The short-term trend has been DOWN since Sep 19th, 2023 at 201.96
Smart Scan Analysis for SPGSBOTR
Based on our trend formula, SPGSBOTR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||93.64667||52wk High Date||2017-11-30|
|52wk Low||71.07229||52wk Low Date||2018-11-26|