Index Trend Analysis Report

Prepared for you on Friday, July 26, 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.

Open	High	Low	SPEVBBT Price	Change
56845.32	57219.14	56306.40	56927.98	-76.45
Entry Signal

MarketClub’s Trade Triangles for SPEVBBT

The long-term trend has been UP since Jul 17th, 2024 at 59591.89

The intermediate-term trend has been UP since Jun 24th, 2024 at 55869.18

The short-term trend has been DOWN since Jul 18th, 2024 at 58679.64

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
56845.32	57219.14	56306.40	56927.98	-76.45
Prev. Close	Volume	Bid	Ask	Time
57004.43	0			2024-07-26 16:34:45

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