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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P MILA Andean Resources (CME:SPMLAR)

Long-Term Uptrend (+90) - SPMLAR is in a strong uptrend that is likely to continue. While SPMLAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPMLAR
Open High Low SPMLAR Price Change
120.54 123.19 120.53 121.23 +0.55
Entry Signal

MarketClub’s Trade Triangles for SPMLAR

long term up The long-term trend has been UP since Dec 1st, 2023 at 99.87

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 106.91

short term up The short-term trend has been UP since Apr 19th, 2024 at 121.35

Smart Scan Analysis for SPMLAR

Based on our trend formula, SPMLAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPMLAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.54 123.19 120.53 121.23 +0.55
Prev. Close Volume Bid Ask Time
121.28 0 2024-04-23 16:29:14
52wk High128.6952wk High Date2018-04-19
52wk Low95.9952wk Low Date2018-11-28
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