Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P/BOVESPA Enhanced Value Index TR (CME:SPEVBBT)

Crossroads (-60) - SPEVBBT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPEVBBT?

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

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

Open	High	Low	SPEVBBT Price	Change
56351.75	56755.73	55810.58	56221.47	-87.83
Entry Signal

MarketClub’s Trade Triangles for SPEVBBT

The long-term trend has been UP since May 23rd, 2023 at 44293.80

The intermediate-term trend has been DOWN since Apr 16th, 2024 at 56581.36

The short-term trend has been DOWN since Apr 12th, 2024 at 57766.59

Smart Scan Analysis for SPEVBBT

Based on our trend formula, SPEVBBT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
56351.75	56755.73	55810.58	56221.47	-87.83
Prev. Close	Volume	Bid	Ask	Time
56309.30	0			2024-04-18 16:32:55

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