Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, January 13, 2025.
S&P Global Timber and Forestry Index (CME:SPGTTF)
Long-Term Downtrend (-90) - SPGTTF is in a strong downtrend that is likely to continue. While SPGTTF 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 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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Jan 7th, 2025 at 1898.89
Smart Scan Analysis for SPGTTF
Based on our trend formula, SPGTTF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1863.14 | 1879.75 | 1862.25 | 1876.46 | +12.76 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1863.70 | 0 | 2025-01-13 11:27:00 |
| 52wk High | 2161.73 | 52wk High Date | 2018-06-07 |
| 52wk Low | 1604.93 | 52wk Low Date | 2018-11-28 |