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Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
S&P / Harel Materials Index (CME:SPHLMAIP)
Sidelines Mode (+55) - SPHLMAIP 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 SPHLMAIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPHLMAIP.
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 SPHLMAIP
The long-term trend has been UP since Dec 4th, 2023 at 1676.45
The intermediate-term trend has been UP since Feb 13th, 2024 at 1716.14
The short-term trend has been DOWN since Apr 11th, 2024 at 1952.84
Smart Scan Analysis for SPHLMAIP
Based on our trend formula, SPHLMAIP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1900.73 | 1915.58 | 1887.94 | 1894.29 | -6.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1900.73 | 0 | 2024-04-17 12:58:19 |
| 52wk High | 1912.12 | 52wk High Date | 2018-10-03 |
| 52wk Low | 1473.07 | 52wk Low Date | 2018-04-04 |