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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P MILA Andean Financials COP (CME:SPMLAFO)

Sidelines Mode (+55) - SPMLAFO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPMLAFO
Open High Low SPMLAFO Price Change
311.73 315.09 311.73 314.10 +0.76
Entry Signal

MarketClub’s Trade Triangles for SPMLAFO

long term up The long-term trend has been UP since Dec 20th, 2023 at 303.79

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 310.04

short term up The short-term trend has been UP since Apr 23rd, 2024 at 312.83

Smart Scan Analysis for SPMLAFO

Based on our trend formula, SPMLAFO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPMLAFO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
311.73 315.09 311.73 314.10 +0.76
Prev. Close Volume Bid Ask Time
313.34 0 2024-04-26 10:24:19
52wk High371.1752wk High Date2018-01-30
52wk Low316.8152wk Low Date2017-12-06
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