Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Morningstar U.S. Value Index (CME:MVAL)
Bull Market Weakness (+75) - MVAL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MVAL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MVAL?
MarketClub looks at technical strength and momentum to determine if the timing is right for MVAL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MVAL
The long-term trend has been DOWN since Feb 24th, 2020 at 2776.42
The intermediate-term trend has been UP since Jul 15th, 2020 at 2377.44
The short-term trend has been UP since Aug 4th, 2020 at 2384.06
Smart Scan Analysis for MVAL
Based on our trend formula, MVAL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2825.37||52wk High Date||2018-01-26|
|52wk Low||2477.48||52wk Low Date||2018-02-09|