Index Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Morningstar Large Value Index (CME:MLVL)
Long-Term Uptrend (+90) - MLVL is in a strong uptrend that is likely to continue. While MLVL 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 MLVL?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLVL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLVL
The long-term trend has been UP since Nov 9th, 2020 at 2167.01
The intermediate-term trend has been UP since Nov 9th, 2020 at 2130.56
The short-term trend has been UP since Apr 14th, 2021 at 2596.30
Smart Scan Analysis for MLVL
Based on our trend formula, MLVL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2339.06||52wk High Date||2018-01-29|
|52wk Low||2035.21||52wk Low Date||2018-05-03|