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Index Trend Analysis Report

Prepared for you on Friday, November 8, 2024.

S&P / Harel Telecommunications Index (CME:SPHLTCIP)

Countertrend Up (+85) - SPHLTCIP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPHLTCIP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPHLTCIP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPHLTCIP
Open High Low SPHLTCIP Price Change
459.66 461.46 454.96 461.46 +1.80
Entry Signal

MarketClub’s Trade Triangles for SPHLTCIP

long term up The long-term trend has been UP since Sep 26th, 2024 at 459.54

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2024 at 447.91

short term down The short-term trend has been DOWN since Nov 6th, 2024 at 463.27

Smart Scan Analysis for SPHLTCIP

Based on our trend formula, SPHLTCIP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPHLTCIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
459.66 461.46 454.96 461.46 +1.80
Prev. Close Volume Bid Ask Time
461.50 0 2024-11-07 11:29:45
52wk High690.352wk High Date2018-01-07
52wk Low484.5352wk Low Date2018-07-11
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