Index Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
S&P GSCI Lean Hogs ER (CME:SPGSLHP)
Sidelines Mode (+55) - SPGSLHP 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 SPGSLHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSLHP
The long-term trend has been UP since Jul 3rd, 2023 at 10.7315
The intermediate-term trend has been UP since Sep 5th, 2023 at 11.1856
The short-term trend has been DOWN since Sep 22nd, 2023 at 10.9017
Smart Scan Analysis for SPGSLHP
Based on our trend formula, SPGSLHP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.12195||52wk High Date||2018-01-10|
|52wk Low||14.62181||52wk Low Date||2018-08-09|