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Index Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

S&P/IFCI Large-Mid Cap Turkey total return index in local currency (CME:SPITRXLT)

Long-Term Uptrend (+90) - SPITRXLT is in a strong uptrend that is likely to continue. While SPITRXLT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPITRXLT
Open High Low SPITRXLT Price Change
6963.41 7002.52 6882.72 6900.23 -63.34
Entry Signal

MarketClub’s Trade Triangles for SPITRXLT

long term up The long-term trend has been UP since Aug 6th, 2021 at 879.03

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2024 at 6079.69

short term up The short-term trend has been UP since Apr 22nd, 2024 at 6498.98

Smart Scan Analysis for SPITRXLT

Based on our trend formula, SPITRXLT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPITRXLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6963.41 7002.52 6882.72 6900.23 -63.34
Prev. Close Volume Bid Ask Time
6963.57 0 2024-05-08 13:42:52
52wk High752.7652wk High Date2018-01-29
52wk Low529.7852wk Low Date2018-08-17
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