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Index Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

Morningstar Global Upstream Natural Resources Index (CME:MUNR)

Strong Uptrend (+100) - MUNR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MUNR 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 MUNR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MUNR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_MUNR
Open High Low MUNR Price Change
4702.85 4702.88 4696.97 4697.91 +4.33
Entry Signal

MarketClub’s Trade Triangles for MUNR

long term up The long-term trend has been UP since Oct 14th, 2021 at 3905.06

intermediate term up The intermediate-term trend has been UP since May 25th, 2022 at 4683.89

short term up The short-term trend has been UP since May 17th, 2022 at 4467.53

Smart Scan Analysis for MUNR

Based on our trend formula, MUNR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for MUNR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4702.85 4702.88 4696.97 4697.91 +4.33
Prev. Close Volume Bid Ask Time
4693.58 0 2022-05-27 02:49:49
52wk High3529.4252wk High Date2018-01-26
52wk Low3010.4852wk Low Date2018-11-27
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