Index Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
S&P GSCI Sugar ER (CME:SPGSSBP)
Long-Term Uptrend (+90) - SPGSSBP is in a strong uptrend that is likely to continue. While SPGSSBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPGSSBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSSBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSSBP
The long-term trend has been UP since Nov 8th, 2022 at 12.422
The intermediate-term trend has been UP since Jan 26th, 2023 at 13.281
The short-term trend has been UP since Mar 22nd, 2023 at 14.704
Smart Scan Analysis for SPGSSBP
Based on our trend formula, SPGSSBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.40555||52wk High Date||2018-01-03|
|52wk Low||7.81972||52wk Low Date||2018-08-22|