Index Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
S&P GSCI Corn ER (CME:SPGSCNP)
Sidelines Mode (+55) - SPGSCNP 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 SPGSCNP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSCNP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSCNP
The long-term trend has been UP since Sep 11th, 2020 at 5.2571
The intermediate-term trend has been UP since Aug 17th, 2020 at 4.8535
The short-term trend has been DOWN since Nov 30th, 2020 at 5.9444
Smart Scan Analysis for SPGSCNP
Based on our trend formula, SPGSCNP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.79186||52wk High Date||2018-05-24|
|52wk Low||6.08999||52wk Low Date||2018-09-18|