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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P Global Timber and Forestry Index (CME:SPGTTF)
Bear Market Rally (-75) - SPGTTF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGTTF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGTTF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTTF.
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 SPGTTF
The long-term trend has been DOWN since Dec 18th, 2024 at 1945.91
The intermediate-term trend has been DOWN since Oct 10th, 2024 at 2067.63
The short-term trend has been UP since Dec 23rd, 2024 at 1898.94
Smart Scan Analysis for SPGTTF
Based on our trend formula, SPGTTF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1910.71 | 1911.63 | 1910.31 | 1911.47 | +0.80 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1910.67 | 0 | 2024-12-26 04:40:00 |
| 52wk High | 2161.73 | 52wk High Date | 2018-06-07 |
| 52wk Low | 1604.93 | 52wk Low Date | 2018-11-28 |