Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P MILA Andean 40 Index COP (CME:SPMILAO)

Sidelines Mode (+55) - SPMILAO 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 SPMILAO?

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

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

CME_SPMILAO
Open High Low SPMILAO Price Change
984.18 985.60 975.47 977.52 -8.30
Entry Signal

MarketClub’s Trade Triangles for SPMILAO

long term up The long-term trend has been UP since Sep 26th, 2024 at 988.34

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 987.60

short term up The short-term trend has been UP since Dec 24th, 2024 at 984.91

Smart Scan Analysis for SPMILAO

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

+55
Smart Scan Analysis for SPMILAO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
984.18 985.60 975.47 977.52 -8.30
Prev. Close Volume Bid Ask Time
977.53 0 2024-12-24 16:15:01
52wk High981.952wk High Date2018-01-30
52wk Low838.952wk Low Date2018-09-11
Get a free daily analysis and signals for S&P MILA Andean 40 Index COP (SPMILAO) - Request Your Free Report.