Index Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
S&P GSCI Unleaded Gasoline ER (CME:SPGSHUP)
Long-Term Uptrend (+90) - SPGSHUP is in a strong uptrend that is likely to continue. While SPGSHUP 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 SPGSHUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSHUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSHUP
The long-term trend has been UP since Nov 24th, 2020 at 686.10
The intermediate-term trend has been UP since Nov 9th, 2020 at 645.69
The short-term trend has been UP since Dec 3rd, 2020 at 696.87
Smart Scan Analysis for SPGSHUP
Based on our trend formula, SPGSHUP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1212.052||52wk High Date||2018-10-03|
|52wk Low||769.1364||52wk Low Date||2018-11-29|