Index Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
S&P GSCI Natural Gas TR (CME:SPGSNGTR)
Bear Market Rally (-75) - SPGSNGTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSNGTR as it may be in the beginning of a reversal.
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 Nov 29th, 2019 at 14.2900
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 9.3007
The short-term trend has been UP since Nov 24th, 2020 at 8.0616
Smart Scan Analysis for SPGSNGTR
Based on our trend formula, SPGSNGTR is rated as a -75 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|