Free Daily Analysis

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.

CME_SPLK20LP
Open High Low SPLK20LP Price Change
2354.98 2392.19 2336.71 2380.26 +45.90
Entry Signal

MarketClub’s Trade Triangles for SPLK20LP

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 3583.92

intermediate term down The intermediate-term trend has been DOWN since Jun 6th, 2022 at 2625.04

short term up 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).

-75
Smart Scan Analysis for SPLK20LP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2354.98 2392.19 2336.71 2380.26 +45.90
Prev. Close Volume Bid Ask Time
2380.26 0 2022-07-01 03:50:28
52wk High3817.0352wk High Date2018-01-09
52wk Low2898.0752wk Low Date2018-10-19
Get a free daily analysis and signals for S&P Sri Lanka 20 Index (LKR) (SPLK20LP) - Request Your Free Report.