Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
OFI Revenue Weighted Mid Cap Index (CME:REVWM)
Weak Downtrend (-65) - REVWM is showing signs of a strengthening downtrend. Monitor REVWM as it may be building momentum to the downside.
Is it time to buy, sell, or avoid REVWM?
MarketClub looks at technical strength and momentum to determine if the timing is right for REVWM.
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 REVWM
The long-term trend has been UP since Dec 11th, 2023 at 11226.28
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 12342.80
The short-term trend has been DOWN since Apr 4th, 2024 at 12714.00
Smart Scan Analysis for REVWM
Based on our trend formula, REVWM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12147.59 | 12233.70 | 12050.19 | 12053.06 | -94.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12053.06 | 0 | 2024-04-17 16:19:30 |
| 52wk High | 7321.38 | 52wk High Date | 2018-08-27 |
| 52wk Low | 6191.53 | 52wk Low Date | 2018-10-26 |
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