Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Morningstar Large Cap Index (CME:MLCP)
Strong Uptrend (+100) - MLCP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MLCP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MLCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLCP
The long-term trend has been UP since Jun 3rd, 2020 at 6915.69
The intermediate-term trend has been UP since Apr 6th, 2020 at 5897.03
The short-term trend has been UP since Jul 31st, 2020 at 7311.97
Smart Scan Analysis for MLCP
Based on our trend formula, MLCP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6403.61||52wk High Date||2018-10-03|
|52wk Low||5479.82||52wk Low Date||2018-02-09|