Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P/BOVESPA Inverse-Risk Weighted Index TR (CME:SPBRRWBT)
Strong Downtrend (-100) - SPBRRWBT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPBRRWBT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPBRRWBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBRRWBT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPBRRWBT
The long-term trend has been DOWN since Nov 28th, 2024 at 27910.84
The intermediate-term trend has been DOWN since Nov 13th, 2024 at 28381.57
The short-term trend has been DOWN since Dec 12th, 2024 at 27495.95
Smart Scan Analysis for SPBRRWBT
Based on our trend formula, SPBRRWBT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26009.24 | 26131.29 | 25908.26 | 25921.34 | -103.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26024.43 | 0 | 2024-12-26 08:32:40 |