Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
S&P MILA Andean Financials COP (CME:SPMLAFO)
Crossroads (+60) - SPMLAFO 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 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 DOWN since Mar 17th, 2023 at 320.61
The intermediate-term trend has been UP since Nov 15th, 2023 at 281.31
The short-term trend has been UP since Nov 30th, 2023 at 290.35
Smart Scan Analysis for SPMLAFO
Based on our trend formula, SPMLAFO is rated as a +60 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|