Index Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
S&P GSCI Industrial Metals ER (CME:SPGSINP)
Countertrend Up (+85) - SPGSINP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPGSINP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSINP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSINP
The long-term trend has been UP since Jul 1st, 2020 at 156.052
The intermediate-term trend has been UP since Oct 12th, 2020 at 175.207
The short-term trend has been DOWN since Oct 26th, 2020 at 176.417
Smart Scan Analysis for SPGSINP
Based on our trend formula, SPGSINP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||224.1587||52wk High Date||2018-04-19|
|52wk Low||171.9142||52wk Low Date||2018-11-27|