Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
S&P Global Timber and Forestry Index (TR) (CME:SPGTTFT)
Weak Uptrend (+65) - SPGTTFT is showing signs of weakening momentum to the upside. Monitor SPGTTFT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGTTFT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTTFT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGTTFT
The long-term trend has been UP since Sep 3rd, 2021 at 3887.58
The intermediate-term trend has been UP since Nov 17th, 2021 at 3719.55
The short-term trend has been DOWN since Nov 26th, 2021 at 3690.98
Smart Scan Analysis for SPGTTFT
Based on our trend formula, SPGTTFT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3295.71||52wk High Date||2018-06-07|
|52wk Low||2464.96||52wk Low Date||2018-11-28|