Index Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
S&P GSCI Sugar (CME:SPGSSB)
Strong Uptrend (+100) - SPGSSB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSSB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPGSSB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSSB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSSB
The long-term trend has been UP since Jul 31st, 2020 at 130.316
The intermediate-term trend has been UP since Apr 14th, 2021 at 166.948
The short-term trend has been UP since May 5th, 2021 at 182.316
Smart Scan Analysis for SPGSSB
Based on our trend formula, SPGSSB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||161.7896||52wk High Date||2018-01-03|
|52wk Low||104.4211||52wk Low Date||2018-08-22|