Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P GSCI Precious Metals ER (CME:SPGSPMP)

Sidelines Mode (+55) - SPGSPMP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPGSPMP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSPMP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGSPMP
Open High Low SPGSPMP Price Change
254.63 255.33 252.49 253.81 -0.28
Entry Signal

MarketClub’s Trade Triangles for SPGSPMP

long term up The long-term trend has been UP since Nov 27th, 2023 at 225.54

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 224.78

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 259.36

Smart Scan Analysis for SPGSPMP

Based on our trend formula, SPGSPMP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPGSPMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
254.63 255.33 252.49 253.81 -0.28
Prev. Close Volume Bid Ask Time
254.09 0 2024-04-24 13:43:00
52wk High182.777152wk High Date2018-01-25
52wk Low152.146252wk Low Date2018-08-16
Get a free daily analysis and signals for S&P GSCI Precious Metals ER (SPGSPMP) - Request Your Free Report.