Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
S&P GSCI Natural Gas TR (CME:SPGSNGTR)
Long-Term Downtrend (-90) - SPGSNGTR is in a strong downtrend that is likely to continue. While SPGSNGTR 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 SPGSNGTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSNGTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSNGTR
The long-term trend has been DOWN since Jul 5th, 2022 at 14.7461
The intermediate-term trend has been DOWN since Jun 14th, 2022 at 21.6786
The short-term trend has been DOWN since Jun 30th, 2022 at 16.6353
Smart Scan Analysis for SPGSNGTR
Based on our trend formula, SPGSNGTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||31.92378||52wk High Date||2018-11-14|
|52wk Low||16.26686||52wk Low Date||2017-12-21|