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Index Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

S&P MILA Andean Resources (CME:SPMLAR)

Strong Downtrend (-100) - SPMLAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPMLAR continues to fall. 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
101.12 101.12 99.90 100.43 -0.88
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 Oct 30th, 2024 at 104.44

short term down The short-term trend has been DOWN since Nov 22nd, 2024 at 100.07

Smart Scan Analysis for SPMLAR

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

-100
Smart Scan Analysis for SPMLAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.12 101.12 99.90 100.43 -0.88
Prev. Close Volume Bid Ask Time
101.31 0 2024-11-22 16:25:54
52wk High128.6952wk High Date2018-04-19
52wk Low95.9952wk Low Date2018-11-28
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