Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
S&P GSCI Nickel (CME:SPGSIK)
Bull Market Weakness (+75) - SPGSIK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSIK as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SPGSIK
The long-term trend has been DOWN since Mar 9th, 2021 at 253.79
The intermediate-term trend has been UP since Apr 6th, 2021 at 267.35
The short-term trend has been UP since Apr 16th, 2021 at 263.30
Smart Scan Analysis for SPGSIK
Based on our trend formula, SPGSIK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||267.7631||52wk High Date||2018-04-19|
|52wk Low||171.7365||52wk Low Date||2018-11-27|