Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

OFI Revenue Weighted Small Cap Index (CME:REVWS)

Sidelines Mode (+55) - REVWS 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 REVWS?

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

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

CME_REVWS
Open High Low REVWS Price Change
13570.28 13570.28 13410.47 13508.24 -62.04
Entry Signal

MarketClub’s Trade Triangles for REVWS

long term up The long-term trend has been UP since Dec 13th, 2023 at 13136.31

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 13472.20

short term up The short-term trend has been UP since Apr 22nd, 2024 at 13279.77

Smart Scan Analysis for REVWS

Based on our trend formula, REVWS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for REVWS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13570.28 13570.28 13410.47 13508.24 -62.04
Prev. Close Volume Bid Ask Time
13508.24 0 2024-04-24 17:07:32
52wk High8778.4752wk High Date2018-08-27
52wk Low7151.9352wk Low Date2018-11-20
Get a free daily analysis and signals for OFI Revenue Weighted Small Cap Index (REVWS) - Request Your Free Report.