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Index Trend Analysis Report

Prepared for you on Sunday, November 24, 2024.

S&P MILA Andean Financials (CME:SPMLAF)

Sidelines Mode (-50) - SPMLAF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPMLAF can gain momentum.

Is it time to buy, sell, or avoid SPMLAF?

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

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

CME_SPMLAF
Open High Low SPMLAF Price Change
186.98 187.76 184.63 184.63 -2.78
Entry Signal

MarketClub’s Trade Triangles for SPMLAF

long term up The long-term trend has been UP since Sep 24th, 2024 at 187.20

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2024 at 181.82

short term down The short-term trend has been DOWN since Nov 22nd, 2024 at 184.71

Smart Scan Analysis for SPMLAF

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

-50
Smart Scan Analysis for SPMLAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
186.98 187.76 184.63 184.63 -2.78
Prev. Close Volume Bid Ask Time
184.64 0 2024-11-22 16:27:09
52wk High289.152wk High Date2018-04-19
52wk Low231.7852wk Low Date2017-12-07
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