Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
S&P GSCI Wheat TR (CME:SPGSWHTR)
Long-Term Downtrend (-90) - SPGSWHTR is in a strong downtrend that is likely to continue. While SPGSWHTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSWHTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSWHTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPGSWHTR
The long-term trend has been DOWN since Dec 2nd, 2024 at 55.884
The intermediate-term trend has been DOWN since Oct 21st, 2024 at 60.002
The short-term trend has been DOWN since Dec 4th, 2024 at 55.879
Smart Scan Analysis for SPGSWHTR
Based on our trend formula, SPGSWHTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.536 | 56.613 | 55.635 | 56.466 | -0.019 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.485 | 0 | 2024-12-04 23:11:00 |
| 52wk High | 88.4801 | 52wk High Date | 2018-08-02 |
| 52wk Low | 66.3661 | 52wk Low Date | 2017-12-12 |