Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P GSCI Cocoa ER (CME:SPGSCCP)
Sidelines Mode (-50) - SPGSCCP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPGSCCP can gain momentum.
Is it time to buy, sell, or avoid SPGSCCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSCCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPGSCCP
The long-term trend has been UP since Nov 7th, 2022 at 7.7494
The intermediate-term trend has been DOWN since Jun 24th, 2024 at 31.6014
The short-term trend has been DOWN since Jul 26th, 2024 at 28.9818
Smart Scan Analysis for SPGSCCP
Based on our trend formula, SPGSCCP is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.0712 | 30.1663 | 28.7509 | 29.9391 | +0.8679 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.0712 | 0 | 2024-07-26 15:33:00 |
| 52wk High | 10.53505 | 52wk High Date | 2018-04-26 |
| 52wk Low | 6.67537 | 52wk Low Date | 2017-12-22 |