Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Morningstar Mid Core Index (CME:MMCR)
Strong Uptrend (+100) - MMCR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MMCR 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 MMCR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMCR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MMCR
The long-term trend has been UP since Jun 8th, 2020 at 5644.55
The intermediate-term trend has been UP since Jul 13th, 2020 at 5319.85
The short-term trend has been UP since Jul 29th, 2020 at 5489.14
Smart Scan Analysis for MMCR
Based on our trend formula, MMCR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5702.19||52wk High Date||2017-12-06|
|52wk Low||4742.23||52wk Low Date||2018-10-29|