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Index Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
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 DOWN since Jun 13th, 2022 at 3102.08
The intermediate-term trend has been UP since Nov 6th, 2023 at 2239.78
The short-term trend has been DOWN since Nov 30th, 2023 at 2379.99
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 |
|---|---|---|---|---|
| 2433.15 | 2445.28 | 2367.28 | 2375.79 | -57.36 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2375.79 | 0 | 2023-11-30 11:29:46 |
| 52wk High | 2341.08 | 52wk High Date | 2018-10-03 |
| 52wk Low | 1756.09 | 52wk Low Date | 2018-02-06 |