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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P Global Timber and Forestry Index (EURO) (TR) (CME:SPGTTFTE)
Sidelines Mode (-55) - SPGTTFTE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPGTTFTE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTTFTE.
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 SPGTTFTE
The long-term trend has been UP since Sep 18th, 2024 at 4138.31
The intermediate-term trend has been DOWN since Dec 15th, 2024 at 4133.47
The short-term trend has been UP since Dec 23rd, 2024 at 4013.81
Smart Scan Analysis for SPGTTFTE
Based on our trend formula, SPGTTFTE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4052.18 | 4056.28 | 4049.73 | 4053.62 | +1.81 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4051.81 | 0 | 2024-12-26 05:06:00 |
| 52wk High | 3328.34 | 52wk High Date | 2018-06-07 |
| 52wk Low | 2606.4 | 52wk Low Date | 2018-11-28 |