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Index Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

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

Sidelines Mode (+55) - SPEVBBT 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 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
58629.32 58641.90 56741.42 56952.56 -1175.94
Entry Signal

MarketClub’s Trade Triangles for SPEVBBT

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

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 57769.24

short term down 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 +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPEVBBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58629.32 58641.90 56741.42 56952.56 -1175.94
Prev. Close Volume Bid Ask Time
56952.56 0 2024-04-12 16:34:45
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