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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
362.28 363.08 362.28 362.98 +0.70
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 Dec 13th, 2024 at 366.12

short term down The short-term trend has been DOWN since Dec 10th, 2024 at 368.67

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
362.28 363.08 362.28 362.98 +0.70
Prev. Close Volume Bid Ask Time
362.28 0 2024-12-26 07:57:29
52wk High371.1752wk High Date2018-01-30
52wk Low316.8152wk Low Date2017-12-06
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