Index Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
S&P MILA Andean Financials COP (CME:SPMLAFO)
Weak Downtrend (-65) - SPMLAFO is showing signs of a strengthening downtrend. Monitor SPMLAFO as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for SPMLAFO
The long-term trend has been UP since Sep 5th, 2022 at 340.88
The intermediate-term trend has been DOWN since Nov 28th, 2022 at 329.99
The short-term trend has been DOWN since Nov 28th, 2022 at 332.14
Smart Scan Analysis for SPMLAFO
Based on our trend formula, SPMLAFO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||371.17||52wk High Date||2018-01-30|
|52wk Low||316.81||52wk Low Date||2017-12-06|