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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P GSCI Soybean Oil TR (CME:SPGSBOTR)
Sidelines Mode (-55) - SPGSBOTR 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 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 Nov 1st, 2024 at 160.22
The intermediate-term trend has been DOWN since Nov 21st, 2024 at 147.60
The short-term trend has been UP since Dec 23rd, 2024 at 141.72
Smart Scan Analysis for SPGSBOTR
Based on our trend formula, SPGSBOTR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 139.96 | 139.96 | 139.96 | 139.96 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 139.96 | 0 | 2024-12-26 07:21:00 |
| 52wk High | 93.64667 | 52wk High Date | 2017-11-30 |
| 52wk Low | 71.07229 | 52wk Low Date | 2018-11-26 |