Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P GSCI Aluminum ER (CME:SPGSIAP)
Long-Term Downtrend (-90) - SPGSIAP is in a strong downtrend that is likely to continue. While SPGSIAP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSIAP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSIAP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSIAP
The long-term trend has been DOWN since Jan 31st, 2020 at 22.492
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 23.510
The short-term trend has been DOWN since Feb 18th, 2020 at 22.447
Smart Scan Analysis for SPGSIAP
Based on our trend formula, SPGSIAP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||37.6669||52wk High Date||2018-04-19|
|52wk Low||26.25081||52wk Low Date||2018-11-28|