Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

S&P Global Natural Resources Index

^SPGNRUP•INDEX
$4070.05
$64.99(1.62%)
U.S. Market is Open • 11:03

S&P Global Natural Resources Index (^SPGNRUP) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^SPGNRUP Technical Analysis Summary

S&P Global Natural Resources Index index currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.06)
Trend Strength:Moderate (ADX: 25.89)
Volatility:Low (ATR: 57.23)
Support/Resistance:$3943.26 – $4176.33 (Bollinger Bands)

Overall, S&P Global Natural Resources Index remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 51.06

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 37.66

Bearish
Momentum remains weak below midpoint.

Williams %R: -70.16

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.27

Bearish
Selling pressure outweighs buying.

Takeaway:S&P Global Natural Resources Index shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 34.12

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.89

Moderate
Moderate trend, direction gaining strength.

ATR (14): 57.23

Rising
Rising volatility, market activity increasing.

CCI (14): -66.35

Bearish
Bearish, momentum remains under pressure.

Takeaway:S&P Global Natural Resources Index shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4176.33
Middle Band (SMA 20)
$4059.80
Lower Band
$3943.26
Current Position
Within Bands

Takeaway:S&P Global Natural Resources Index trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$4139.51
Middle Line (EMA 20)
$4025.04
Lower Channel
$3910.57
Squeeze Status
No Squeeze

Takeaway:S&P Global Natural Resources Index trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index66.01Bullish, price momentum strongly favors buyers.

Overall Takeaway:^SPGNRUP shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of S&P Global Natural Resources Index, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:S&P Global Natural Resources Index index shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ