Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
OFI Revenue Weighted Large Cap Index (CME:REVWL)
Long-Term Uptrend (+90) - REVWL is in a strong uptrend that is likely to continue. While REVWL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid REVWL?
MarketClub looks at technical strength and momentum to determine if the timing is right for REVWL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REVWL
The long-term trend has been UP since Jun 5th, 2020 at 8190.47
The intermediate-term trend has been UP since Nov 5th, 2020 at 8521.77
The short-term trend has been UP since Nov 24th, 2020 at 9084.80
Smart Scan Analysis for REVWL
Based on our trend formula, REVWL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8274.7||52wk High Date||2018-01-26|
|52wk Low||7208.94||52wk Low Date||2018-04-02|