Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
OFI Revenue Weighted Mid Cap Index (CME:REVWM)
Sidelines Mode (+55) - REVWM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid REVWM?
MarketClub looks at technical strength and momentum to determine if the timing is right for REVWM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for REVWM
The long-term trend has been UP since Dec 11th, 2023 at 11226.28
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 12342.80
The short-term trend has been UP since Apr 22nd, 2024 at 12233.70
Smart Scan Analysis for REVWM
Based on our trend formula, REVWM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12331.32 | 12382.59 | 12266.91 | 12350.51 | +19.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12350.51 | 0 | 2024-04-24 17:07:32 |
| 52wk High | 7321.38 | 52wk High Date | 2018-08-27 |
| 52wk Low | 6191.53 | 52wk Low Date | 2018-10-26 |