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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P MILA Andean Resources (CME:SPMLAR)

Long-Term Downtrend (-90) - SPMLAR is in a strong downtrend that is likely to continue. While SPMLAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPMLAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMLAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPMLAR
Open High Low SPMLAR Price Change
99.18 99.39 99.10 99.31 +0.15
Entry Signal

MarketClub’s Trade Triangles for SPMLAR

long term down The long-term trend has been DOWN since Jul 18th, 2024 at 117.11

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 99.99

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 102.10

Smart Scan Analysis for SPMLAR

Based on our trend formula, SPMLAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPMLAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.18 99.39 99.10 99.31 +0.15
Prev. Close Volume Bid Ask Time
99.16 0 2024-12-26 09:16:29
52wk High128.6952wk High Date2018-04-19
52wk Low95.9952wk Low Date2018-11-28
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