Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
S&P GSCI Natural Gas ER (CME:SPGSNGP)
Bull Market Weakness (+75) - SPGSNGP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSNGP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGSNGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSNGP.
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 SPGSNGP
The long-term trend has been DOWN since Nov 9th, 2023 at 2.7137
The intermediate-term trend has been UP since Apr 10th, 2024 at 1.7876
The short-term trend has been UP since May 3rd, 2024 at 1.7591
Smart Scan Analysis for SPGSNGP
Based on our trend formula, SPGSNGP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6951 | 1.8155 | 1.6943 | 1.8054 | +0.1078 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8028 | 0 | 2024-05-03 14:28:00 |
| 52wk High | 17.33447 | 52wk High Date | 2018-11-14 |
| 52wk Low | 8.98411 | 52wk Low Date | 2017-12-21 |