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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P MILA Andean 40 Index PEN (CME:SPMILAP)

Crossroads (+60) - SPMILAP 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 SPMILAP?

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

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

CME_SPMILAP
Open High Low SPMILAP Price Change
576.31 578.40 575.36 577.90 +1.23
Entry Signal

MarketClub’s Trade Triangles for SPMILAP

long term down The long-term trend has been DOWN since Jul 30th, 2024 at 558.28

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2024 at 570.35

short term up The short-term trend has been UP since Oct 10th, 2024 at 572.26

Smart Scan Analysis for SPMILAP

Based on our trend formula, SPMILAP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPMILAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
576.31 578.40 575.36 577.90 +1.23
Prev. Close Volume Bid Ask Time
577.90 0 2024-10-25 17:50:52
52wk High733.1852wk High Date2018-04-20
52wk Low580.9752wk Low Date2018-10-31
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