Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P MLP Index (CME:SPMLP)

Countertrend Up (+85) - SPMLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPMLP
Open High Low SPMLP Price Change
1656.32 1663.08 1653.94 1662.86 +12.34
Entry Signal

MarketClub’s Trade Triangles for SPMLP

long term up The long-term trend has been UP since Jul 10th, 2023 at 1383.96

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2024 at 1532.00

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 1646.32

Smart Scan Analysis for SPMLP

Based on our trend formula, SPMLP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1656.32 1663.08 1653.94 1662.86 +12.34
Prev. Close Volume Bid Ask Time
1650.52 0 2024-03-28 13:40:29
52wk High1717.0652wk High Date2018-01-24
52wk Low1314.752wk Low Date2018-03-27
Get a free daily analysis and signals for S&P MLP Index (SPMLP) - Request Your Free Report.