Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P Sri Lanka 20 Index (LKR) (CME:SPLK20LP)
Crossroads (-60) - SPLK20LP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 13th, 2020 at 2776.73
The intermediate-term trend has been UP since May 15th, 2020 at 1750.49
The short-term trend has been UP since May 15th, 2020 at 1741.49
Smart Scan Analysis for SPLK20LP
Based on our trend formula, SPLK20LP is rated as a -60 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|