Index Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
S&P Kuwait LargeMidCap Index NTR (CME:SPGKWDLMN)
Bull Market Weakness (+75) - SPGKWDLMN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGKWDLMN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPGKWDLMN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGKWDLMN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGKWDLMN
The long-term trend has been DOWN since Jun 14th, 2022 at 170.61
The intermediate-term trend has been UP since Jan 23rd, 2023 at 173.95
The short-term trend has been UP since Feb 1st, 2023 at 175.77
Smart Scan Analysis for SPGKWDLMN
Based on our trend formula, SPGKWDLMN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).