Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P GSCI Livestock (CME:SPGSLV)
Long-Term Downtrend (-90) - SPGSLV is in a strong downtrend that is likely to continue. While SPGSLV 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 SPGSLV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSLV
The long-term trend has been DOWN since Feb 3rd, 2020 at 263.23
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 278.74
The short-term trend has been DOWN since Mar 27th, 2020 at 234.49
Smart Scan Analysis for SPGSLV
Based on our trend formula, SPGSLV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||291.5615||52wk High Date||2018-02-05|
|52wk Low||238.8574||52wk Low Date||2018-08-24|