Index Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
S&P Sri Lanka 20 Index (LKR) (CME:SPLK20LP)
Bull Market Weakness (+75) - SPLK20LP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPLK20LP as it may be in the beginning stages 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 UP since Aug 13th, 2020 at 2296.85
The intermediate-term trend has been UP since Jul 19th, 2021 at 3046.33
The short-term trend has been DOWN since Jul 27th, 2021 at 3057.21
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|