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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P / Harel Materials Index TR (CME:SPHLMAIT)
Sidelines Mode (+55) - SPHLMAIT 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 SPHLMAIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPHLMAIT.
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 SPHLMAIT
The long-term trend has been UP since Dec 4th, 2023 at 2456.75
The intermediate-term trend has been UP since Feb 13th, 2024 at 2532.87
The short-term trend has been DOWN since Apr 11th, 2024 at 2913.78
Smart Scan Analysis for SPHLMAIT
Based on our trend formula, SPHLMAIT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2849.90 | 2861.60 | 2843.93 | 2849.48 | -0.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2849.48 | 0 | 2024-04-18 12:34:03 |
| 52wk High | 2341.08 | 52wk High Date | 2018-10-03 |
| 52wk Low | 1756.09 | 52wk Low Date | 2018-02-06 |