Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Cushing MLP High Income Index (CME:MLPY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_MLPY
Open High Low MLPY Price Change
43.91 44.45 43.91 44.26 +0.35
Entry Signal

MarketClub’s Trade Triangles for MLPY

long term down The long term trend has been DOWN since Jul 30th, 2019 at 57.15

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2019 at 52.38

short term up The short term trend has been UP since Dec 6th, 2019 at 44.39

Smart Scan Analysis for MLPY

Based on a pre-defined weighted trend formula for chart analysis, MLPY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for MLPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.91 44.45 43.91 44.26 +0.35
Prev. Close Volume Bid Ask Time
43.91 0 2019-12-06 16:20:00
52wk High78.252wk High Date2018-01-24
52wk Low57.152wk Low Date2018-11-20
Want to analyze Cushing MLP High Income Index MLPY or another symbol? Try our Free Index Trend Analysis Report.