Index Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
S&P GSCI Precious Metals TR (CME:SPGSPMTR)
Bear Market Rally (-75) - SPGSPMTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSPMTR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGSPMTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSPMTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSPMTR
The long-term trend has been DOWN since May 13th, 2022 at 2031.64
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 2182.00
The short-term trend has been DOWN since May 26th, 2022 at 2081.34
Smart Scan Analysis for SPGSPMTR
Based on our trend formula, SPGSPMTR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1644.689||52wk High Date||2018-01-25|
|52wk Low||1383.073||52wk Low Date||2018-08-16|