Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
S&P Sri Lanka 20 Index (LKR) (CME:SPLK20LP)
Bear Market Rally (-75) - SPLK20LP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPLK20LP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPLK20LP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPLK20LP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPLK20LP
The long-term trend has been DOWN since Feb 24th, 2022 at 3583.92
The intermediate-term trend has been DOWN since Jun 6th, 2022 at 2625.04
The short-term trend has been UP since Jul 1st, 2022 at 2369.84
Smart Scan Analysis for SPLK20LP
Based on our trend formula, SPLK20LP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3817.03||52wk High Date||2018-01-09|
|52wk Low||2898.07||52wk Low Date||2018-10-19|