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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P Sri Lanka 20 Index (LKR) (CME:SPLK20LP)

Sidelines Mode (-55) - SPLK20LP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

CME_SPLK20LP
Open High Low SPLK20LP Price Change
3389.88 3404.30 3382.28 3385.63 -0.71
Entry Signal

MarketClub’s Trade Triangles for SPLK20LP

long term up The long-term trend has been UP since Mar 7th, 2024 at 3152.29

intermediate term down The intermediate-term trend has been DOWN since Jul 1st, 2024 at 3573.41

short term up The short-term trend has been UP since Jul 25th, 2024 at 3428.44

Smart Scan Analysis for SPLK20LP

Based on our trend formula, SPLK20LP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPLK20LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3389.88 3404.30 3382.28 3385.63 -0.71
Prev. Close Volume Bid Ask Time
3386.34 0 2024-07-26 06:07:12
52wk High3817.0352wk High Date2018-01-09
52wk Low2898.0752wk Low Date2018-10-19
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