Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
S&P MILA Andean Financials COP (CME:SPMLAFO)
Weak Uptrend (+65) - SPMLAFO is showing signs of weakening momentum to the upside. Monitor SPMLAFO as it may be in the beginning stages of a reversal.
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 Oct 25th, 2021 at 282.18
The intermediate-term trend has been UP since Nov 22nd, 2021 at 294.49
The short-term trend has been DOWN since Nov 26th, 2021 at 287.32
Smart Scan Analysis for SPMLAFO
Based on our trend formula, SPMLAFO is rated as a +65 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|