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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P / Harel Materials Index (CME:SPHLMAIP)
Countertrend Up (+85) - SPHLMAIP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for SPHLMAIP
The long-term trend has been UP since Dec 4th, 2023 at 1676.45
The intermediate-term trend has been UP since Jul 7th, 2024 at 1851.29
The short-term trend has been DOWN since Jul 25th, 2024 at 1909.53
Smart Scan Analysis for SPHLMAIP
Based on our trend formula, SPHLMAIP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1921.34 | 1927.01 | 1907.74 | 1921.16 | -0.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1921.16 | 0 | 2024-07-25 11:30:00 |
| 52wk High | 1912.12 | 52wk High Date | 2018-10-03 |
| 52wk Low | 1473.07 | 52wk Low Date | 2018-04-04 |