Index Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
S&P Kuwait LargeMidCap Index NTR (CME:SPGKWDLMN)
Sidelines Mode (+55) - SPGKWDLMN 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 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 UP since Aug 17th, 2020 at 115.17
The intermediate-term trend has been DOWN since Nov 29th, 2021 at 159.21
The short-term trend has been UP since Dec 6th, 2021 at 155.93
Smart Scan Analysis for SPGKWDLMN
Based on our trend formula, SPGKWDLMN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).