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Index Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

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

Weak Downtrend (-65) - SPEVBBT is showing signs of a strengthening downtrend. Monitor SPEVBBT as it may be building momentum to the downside.

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.

CME_SPEVBBT
Open High Low SPEVBBT Price Change
44918.44 45675.64 44833.15 45392.51 +515.05
Entry Signal

MarketClub’s Trade Triangles for SPEVBBT

long term down The long-term trend has been DOWN since May 9th, 2022 at 43461.76

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 46306.59

short term up The short-term trend has been UP since May 13th, 2022 at 44368.34

Smart Scan Analysis for SPEVBBT

Based on our trend formula, SPEVBBT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SPEVBBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44918.44 45675.64 44833.15 45392.51 +515.05
Prev. Close Volume Bid Ask Time
44877.46 0 2022-05-16 16:34:40
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