Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
S&P MILA Andean Resources COP (CME:SPMLARO)
Long-Term Uptrend (+90) - SPMLARO is in a strong uptrend that is likely to continue. While SPMLARO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPMLARO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPMLARO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPMLARO
The long-term trend has been UP since Jul 15th, 2020 at 114.77
The intermediate-term trend has been UP since May 10th, 2021 at 176.30
The short-term trend has been UP since May 5th, 2021 at 170.20
Smart Scan Analysis for SPMLARO
Based on our trend formula, SPMLARO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||164||52wk High Date||2018-01-30|
|52wk Low||133.88||52wk Low Date||2017-12-07|