Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

S&P GSCI Palladium (CME:SPGSPA)

Bear Market Rally (-75) - SPGSPA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSPA as it may be in the beginning of a reversal.

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.

CME_SPGSPA
Open High Low SPGSPA Price Change
660.08 660.08 639.99 655.29 -3.19
Entry Signal

MarketClub’s Trade Triangles for SPGSPA

long term down The long-term trend has been DOWN since Oct 31st, 2022 at 1161.35

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2024 at 637.76

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 659.76

Smart Scan Analysis for SPGSPA

Based on our trend formula, SPGSPA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGSPA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
660.08 660.08 639.99 655.29 -3.19
Prev. Close Volume Bid Ask Time
654.59 0 2024-04-19 13:27:00
52wk High741.454152wk High Date2018-11-16
52wk Low520.408252wk Low Date2018-08-16
Get a free daily analysis and signals for S&P GSCI Palladium (SPGSPA) - Request Your Free Report.