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Index Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

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

Strong Uptrend (+100) - SPMILAP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPMILAP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
596.50 596.51 589.32 593.95 -1.38
Entry Signal

MarketClub’s Trade Triangles for SPMILAP

long term up The long-term trend has been UP since Dec 13th, 2023 at 525.72

intermediate term up The intermediate-term trend has been UP since Jul 10th, 2024 at 593.16

short term up The short-term trend has been UP since Jul 3rd, 2024 at 586.66

Smart Scan Analysis for SPMILAP

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

+100
Smart Scan Analysis for SPMILAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
596.50 596.51 589.32 593.95 -1.38
Prev. Close Volume Bid Ask Time
593.85 0 2024-07-12 16:30:01
52wk High733.1852wk High Date2018-04-20
52wk Low580.9752wk Low Date2018-10-31
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