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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Strong Downtrend (-100) - SPMILAP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPMILAP continues to fall. Traders should use caution and set stops.

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
544.51 547.01 544.29 546.78 +1.46
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 down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 549.96

short term down The short-term trend has been DOWN since Dec 16th, 2024 at 557.88

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
544.51 547.01 544.29 546.78 +1.46
Prev. Close Volume Bid Ask Time
546.01 0 2024-12-24 16:14:56
52wk High733.1852wk High Date2018-04-20
52wk Low580.9752wk Low Date2018-10-31
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