Index Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
S&P Kuwait LargeMidCap Index NTR (CME:SPGKWDLMN)
Weak Downtrend (-65) - SPGKWDLMN is showing signs of a strengthening downtrend. Monitor SPGKWDLMN as it may be building momentum to the downside.
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 Sep 25th, 2023 at 160.26
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 170.11
The short-term trend has been DOWN since Nov 27th, 2023 at 156.04
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).