Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

S&P GSCI North American Copper ER (CME:SPGSHGP)

Long-Term Uptrend (+90) - SPGSHGP is in a strong uptrend that is likely to continue. While SPGSHGP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPGSHGP
Open High Low SPGSHGP Price Change
345.36 356.05 344.32 351.21 +7.82
Entry Signal

MarketClub’s Trade Triangles for SPGSHGP

long term up The long-term trend has been UP since Oct 14th, 2021 at 342.56

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 320.75

short term up The short-term trend has been UP since Oct 4th, 2021 at 317.10

Smart Scan Analysis for SPGSHGP

Based on our trend formula, SPGSHGP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPGSHGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
345.36 356.05 344.32 351.21 +7.82
Prev. Close Volume Bid Ask Time
352.25 0 2021-10-15 13:29:05
52wk High265.16352wk High Date2017-12-28
52wk Low200.386952wk Low Date2018-08-15
Get a free daily analysis and signals for S&P GSCI North American Copper ER (SPGSHGP) - Request Your Free Report.