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Index Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
S&P GSCI Brent Crude (CME:SPGSBR)
Bull Market Weakness (+75) - SPGSBR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSBR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGSBR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSBR.
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 SPGSBR
The long-term trend has been UP since Jan 17th, 2022 at 729.96
The intermediate-term trend has been UP since May 5th, 2022 at 966.89
The short-term trend has been DOWN since May 19th, 2022 at 902.38
Smart Scan Analysis for SPGSBR
Based on our trend formula, SPGSBR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 920.51 | 935.58 | 883.75 | 929.28 | +22.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 906.64 | 0 | 2022-05-19 20:29:35 |
| 52wk High | 738.1284 | 52wk High Date | 2018-10-03 |
| 52wk Low | 491.9154 | 52wk Low Date | 2018-11-29 |