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Index Trend Analysis Report

Prepared for you on Monday, September 20, 2021.

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

Sidelines Mode (+50) - SPMILAP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPMILAP can gain 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
543.60 543.81 541.25 543.11 -0.40
Entry Signal

MarketClub’s Trade Triangles for SPMILAP

long term down The long-term trend has been DOWN since May 19th, 2021 at 528.10

intermediate term up The intermediate-term trend has been UP since Aug 12th, 2021 at 532.27

short term up The short-term trend has been UP since Sep 16th, 2021 at 546.52

Smart Scan Analysis for SPMILAP

Based on our trend formula, SPMILAP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for SPMILAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
543.60 543.81 541.25 543.11 -0.40
Prev. Close Volume Bid Ask Time
542.97 0 2021-09-17 16:29:56
52wk High733.1852wk High Date2018-04-20
52wk Low580.9752wk Low Date2018-10-31
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