Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, November 19, 2024.

S&P GSCI Nickel (CME:SPGSIK)

Countertrend Down (-85) - SPGSIK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

CME_SPGSIK
Open High Low SPGSIK Price Change
251.94 253.47 251.30 251.94 -0.16
Entry Signal

MarketClub’s Trade Triangles for SPGSIK

long term down The long-term trend has been DOWN since Nov 14th, 2024 at 249.99

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 269.03

short term up The short-term trend has been UP since Nov 19th, 2024 at 253.39

Smart Scan Analysis for SPGSIK

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

-85
Smart Scan Analysis for SPGSIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
251.94 253.47 251.30 251.94 -0.16
Prev. Close Volume Bid Ask Time
252.10 0 2024-11-19 02:18:00
52wk High267.763152wk High Date2018-04-19
52wk Low171.736552wk Low Date2018-11-27
Get a free daily analysis and signals for S&P GSCI Nickel (SPGSIK) - Request Your Free Report.