Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
S&P / Harel Materials Index TR (CME:SPHLMAIT)
Crossroads (-60) - SPHLMAIT is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for SPHLMAIT
The long-term trend has been UP since Jun 4th, 2020 at 1478.89
The intermediate-term trend has been DOWN since Jan 24th, 2022 at 3172.86
The short-term trend has been DOWN since Jan 18th, 2022 at 3235.99
Smart Scan Analysis for SPHLMAIT
Based on our trend formula, SPHLMAIT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2341.08||52wk High Date||2018-10-03|
|52wk Low||1756.09||52wk Low Date||2018-02-06|