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Index Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
S&P GSCI Nickel (CME:SPGSIK)
Long-Term Downtrend (-90) - SPGSIK is in a strong downtrend that is likely to continue. While SPGSIK 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 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.
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MarketClub’s Trade Triangles for SPGSIK
The long-term trend has been DOWN since Mar 2nd, 2023 at 388.75
The intermediate-term trend has been DOWN since Aug 9th, 2023 at 331.03
The short-term trend has been DOWN since Sep 19th, 2023 at 316.28
Smart Scan Analysis for SPGSIK
Based on our trend formula, SPGSIK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 307.82 | 311.67 | 306.05 | 310.50 | +4.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 306.45 | 0 | 2023-09-22 15:43:00 |
| 52wk High | 267.7631 | 52wk High Date | 2018-04-19 |
| 52wk Low | 171.7365 | 52wk Low Date | 2018-11-27 |