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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.

CME_SPMLAFO
Open High Low SPMLAFO Price Change
289.39 292.01 288.92 290.37 +0.66
Entry Signal

MarketClub’s Trade Triangles for SPMLAFO

long term down The long-term trend has been DOWN since Mar 17th, 2023 at 320.61

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2023 at 281.31

short term up 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).

+60
Smart Scan Analysis for SPMLAFO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
289.39 292.01 288.92 290.37 +0.66
Prev. Close Volume Bid Ask Time
289.71 0 2023-12-04 17:01:14
52wk High371.1752wk High Date2018-01-30
52wk Low316.8152wk Low Date2017-12-06
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