Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

S&P GSCI North American Copper (CME:SPGSHG)

Countertrend Up (+85) - SPGSHG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPGSHG?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSHG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGSHG
Open High Low SPGSHG Price Change
341.43 343.02 334.46 337.41 -11.39
Entry Signal

MarketClub’s Trade Triangles for SPGSHG

long term up The long-term trend has been UP since Oct 14th, 2021 at 339.73

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 317.47

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 340.84

Smart Scan Analysis for SPGSHG

Based on our trend formula, SPGSHG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPGSHG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
341.43 343.02 334.46 337.41 -11.39
Prev. Close Volume Bid Ask Time
337.49 0 2021-10-21 20:29:35
52wk High244.858152wk High Date2017-12-28
52wk Low189.900552wk Low Date2018-08-15
Get a free daily analysis and signals for S&P GSCI North American Copper (SPGSHG) - Request Your Free Report.