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Index Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
S&P GSCI Coffee ER (CME:SPGSKCP)
Sidelines Mode (+55) - SPGSKCP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPGSKCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSKCP.
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 SPGSKCP
The long-term trend has been UP since Oct 24th, 2023 at 9.6851
The intermediate-term trend has been DOWN since May 2nd, 2024 at 12.6039
The short-term trend has been UP since May 17th, 2024 at 12.3041
Smart Scan Analysis for SPGSKCP
Based on our trend formula, SPGSKCP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.0187 | 12.5744 | 12.0187 | 12.5470 | +0.5283 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.5470 | 0 | 2024-05-17 15:44:00 |
| 52wk High | 11.00799 | 52wk High Date | 2017-11-30 |
| 52wk Low | 7.25824 | 52wk Low Date | 2018-09-18 |