Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
S&P GSCI Palladium (CME:SPGSPA)
Countertrend Down (-85) - SPGSPA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SPGSPA?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSPA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPGSPA
The long-term trend has been DOWN since Oct 31st, 2022 at 1161.35
The intermediate-term trend has been DOWN since Oct 2nd, 2023 at 767.54
The short-term trend has been UP since Dec 8th, 2023 at 625.77
Smart Scan Analysis for SPGSPA
Based on our trend formula, SPGSPA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 627.87 | 631.06 | 603.64 | 606.89 | -18.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 625.64 | 0 | 2023-12-08 15:38:00 |
| 52wk High | 741.4541 | 52wk High Date | 2018-11-16 |
| 52wk Low | 520.4082 | 52wk Low Date | 2018-08-16 |