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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P MILA Andean 40 Index PEN (CME:SPMILAP)

Weak Downtrend (-65) - SPMILAP is showing signs of a strengthening downtrend. Monitor SPMILAP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPMILAP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMILAP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPMILAP
Open High Low SPMILAP Price Change
564.65 573.58 563.96 569.81 +5.36
Entry Signal

MarketClub’s Trade Triangles for SPMILAP

long term up The long-term trend has been UP since Dec 13th, 2023 at 525.72

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 567.45

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 590.26

Smart Scan Analysis for SPMILAP

Based on our trend formula, SPMILAP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPMILAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
564.65 573.58 563.96 569.81 +5.36
Prev. Close Volume Bid Ask Time
564.45 0 2024-04-23 16:29:16
52wk High733.1852wk High Date2018-04-20
52wk Low580.9752wk Low Date2018-10-31
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