Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Morningstar Large Value Index (CME:MLVL)
Weak Downtrend (-65) - MLVL is showing signs of a strengthening downtrend. Monitor MLVL as it may be building momentum to the downside.
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 Oct 26th, 2021 at 2704.41
The intermediate-term trend has been DOWN since Nov 19th, 2021 at 2666.48
The short-term trend has been DOWN since Nov 26th, 2021 at 2669.17
Smart Scan Analysis for MLVL
Based on our trend formula, MLVL is rated as a -70 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|