Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
S&P GSCI Soybean Oil TR (CME:SPGSBOTR)
Long-Term Uptrend (+90) - SPGSBOTR is in a strong uptrend that is likely to continue. While SPGSBOTR 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 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.
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MarketClub’s Trade Triangles for SPGSBOTR
The long-term trend has been UP since Jul 7th, 2020 at 69.788
The intermediate-term trend has been UP since Apr 19th, 2021 at 136.659
The short-term trend has been UP since Apr 14th, 2021 at 130.855
Smart Scan Analysis for SPGSBOTR
Based on our trend formula, SPGSBOTR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 163.047 | 166.490 | 161.690 | 161.715 | -1.232 |
| Prev. Close | Volume | Bid | Ask | Time |
| 162.947 | 0 | 2021-05-07 14:29:31 |
| 52wk High | 93.64667 | 52wk High Date | 2017-11-30 |
| 52wk Low | 71.07229 | 52wk Low Date | 2018-11-26 |