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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P MILA Andean Financials (CME:SPMLAF)

Crossroads (-60) - SPMLAF 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 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
174.52 174.89 171.96 173.68 +0.16
Entry Signal

MarketClub’s Trade Triangles for SPMLAF

long term up The long-term trend has been UP since Dec 14th, 2023 at 165.05

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 177.86

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 184.67

Smart Scan Analysis for SPMLAF

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

-60
Smart Scan Analysis for SPMLAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
174.52 174.89 171.96 173.68 +0.16
Prev. Close Volume Bid Ask Time
173.65 0 2024-04-17 16:29:54
52wk High289.152wk High Date2018-04-19
52wk Low231.7852wk Low Date2017-12-07
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