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Index Trend Analysis Report

Prepared for you on Thursday, November 28, 2024.

S&P / Harel Materials Index TR (CME:SPHLMAIT)

Bull Market Weakness (+75) - SPHLMAIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPHLMAIT as it may be in the beginning stages of a reversal.

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
3440.68 3486.93 3411.80 3460.54 +19.86
Entry Signal

MarketClub’s Trade Triangles for SPHLMAIT

long term up The long-term trend has been UP since Sep 1st, 2024 at 2951.79

intermediate term up The intermediate-term trend has been UP since Aug 26th, 2024 at 2889.66

short term down The short-term trend has been DOWN since Nov 28th, 2024 at 3430.79

Smart Scan Analysis for SPHLMAIT

Based on our trend formula, SPHLMAIT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPHLMAIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3440.68 3486.93 3411.80 3460.54 +19.86
Prev. Close Volume Bid Ask Time
3440.68 0 2024-11-28 12:42:20
52wk High2341.0852wk High Date2018-10-03
52wk Low1756.0952wk Low Date2018-02-06
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