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Index Trend Analysis Report

Prepared for you on Wednesday, November 6, 2024.

S&P MILA Andean 40 Index CLP (CME:SPMILAC)

Bear Market Rally (-75) - SPMILAC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPMILAC as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SPMILAC?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMILAC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPMILAC
Open High Low SPMILAC Price Change
856.35 856.35 840.03 848.48 +6.04
Entry Signal

MarketClub’s Trade Triangles for SPMILAC

long term down The long-term trend has been DOWN since Jun 12th, 2024 at 849.33

intermediate term down The intermediate-term trend has been DOWN since Nov 4th, 2024 at 842.68

short term up The short-term trend has been UP since Nov 6th, 2024 at 851.66

Smart Scan Analysis for SPMILAC

Based on our trend formula, SPMILAC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPMILAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
856.35 856.35 840.03 848.48 +6.04
Prev. Close Volume Bid Ask Time
842.44 0 2024-11-06 17:31:49
52wk High811.3552wk High Date2018-01-29
52wk Low699.1552wk Low Date2018-11-28
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