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Index Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
S&P GSCI Wheat ER (CME:SPGSWHP)
Bull Market Weakness (+75) - SPGSWHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGSWHP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGSWHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSWHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGSWHP
The long-term trend has been UP since Sep 1st, 2020 at 6.9968
The intermediate-term trend has been UP since May 12th, 2022 at 13.1259
The short-term trend has been DOWN since May 20th, 2022 at 13.6741
Smart Scan Analysis for SPGSWHP
Based on our trend formula, SPGSWHP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.7028 | 13.8779 | 13.3928 | 13.5450 | -0.1636 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.7086 | 0 | 2022-05-24 10:39:11 |
| 52wk High | 8.36329 | 52wk High Date | 2018-08-02 |
| 52wk Low | 6.34301 | 52wk Low Date | 2017-12-12 |