Index Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
Morningstar Mid Core Total Return Index (CME:MMCRT)
Sidelines Mode (+50) - MMCRT is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MMCRT can gain momentum.
Is it time to buy, sell, or avoid MMCRT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMCRT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MMCRT
The long-term trend has been DOWN since Mar 7th, 2022 at 10958.48
The intermediate-term trend has been UP since Jul 21st, 2022 at 9741.88
The short-term trend has been UP since Jul 1st, 2022 at 9715.25
Smart Scan Analysis for MMCRT
Based on our trend formula, MMCRT is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7411.53||52wk High Date||2018-09-21|
|52wk Low||6551.75||52wk Low Date||2018-10-29|