Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
S&P MILA Andean 40 Index (CME:SPMILA)
Crossroads (+60) - SPMILA 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 SPMILA?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPMILA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPMILA
The long-term trend has been DOWN since Sep 27th, 2023 at 458.97
The intermediate-term trend has been UP since Nov 3rd, 2023 at 461.45
The short-term trend has been UP since Nov 29th, 2023 at 483.05
Smart Scan Analysis for SPMILA
Based on our trend formula, SPMILA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||802.87||52wk High Date||2018-04-19|
|52wk Low||609.52||52wk Low Date||2018-10-31|