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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.

CME_SPHLMAIT
Open High Low SPHLMAIT Price Change
2433.15 2445.28 2367.28 2375.79 -57.36
Entry Signal

MarketClub’s Trade Triangles for SPHLMAIT

long term down The long-term trend has been DOWN since Jun 13th, 2022 at 3102.08

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 2239.78

short term down 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).

-55
Smart Scan Analysis for SPHLMAIT
Strong Downtrend Sideways 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 High2341.0852wk High Date2018-10-03
52wk Low1756.0952wk Low Date2018-02-06
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