Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
S&P Colombia Select Index (COP) (CME:SPCOSLCP)
Sidelines Mode (-55) - SPCOSLCP 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 SPCOSLCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCOSLCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCOSLCP
The long-term trend has been UP since Aug 25th, 2020 at 839.96
The intermediate-term trend has been DOWN since Sep 18th, 2020 at 808.12
The short-term trend has been UP since Sep 21st, 2020 at 820.77
Smart Scan Analysis for SPCOSLCP
Based on our trend formula, SPCOSLCP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1091.46||52wk High Date||2018-01-29|
|52wk Low||902.67||52wk Low Date||2018-11-29|