Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Merrill Lynch Factor Model Index (CME:MLEIFCTR)
Bull Market Weakness (+75) - MLEIFCTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MLEIFCTR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MLEIFCTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLEIFCTR.
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 MLEIFCTR
The long-term trend has been UP since Dec 1st, 2023 at 2437.07
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2535.80
The short-term trend has been UP since Apr 22nd, 2024 at 2528.78
Smart Scan Analysis for MLEIFCTR
Based on our trend formula, MLEIFCTR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2539.21 | 2539.53 | 2538.53 | 2539.25 | -0.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2539.51 | 0 | 2024-04-25 06:00:46 |
| 52wk High | 2103.01 | 52wk High Date | 2018-08-29 |
| 52wk Low | 2002.63 | 52wk Low Date | 2018-10-29 |