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Index Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

S&P / Harel Materials Index (CME:SPHLMAIP)

Sidelines Mode (+55) - SPHLMAIP 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 SPHLMAIP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPHLMAIP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPHLMAIP
Open High Low SPHLMAIP Price Change
1910.11 1917.56 1898.23 1906.13 -3.98
Entry Signal

MarketClub’s Trade Triangles for SPHLMAIP

long term up The long-term trend has been UP since Dec 4th, 2023 at 1676.45

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2024 at 1894.01

short term up The short-term trend has been UP since May 21st, 2024 at 1914.89

Smart Scan Analysis for SPHLMAIP

Based on our trend formula, SPHLMAIP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPHLMAIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1910.11 1917.56 1898.23 1906.13 -3.98
Prev. Close Volume Bid Ask Time
1910.11 0 2024-05-28 12:53:44
52wk High1912.1252wk High Date2018-10-03
52wk Low1473.0752wk Low Date2018-04-04
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