Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P MILA Andean Resources COP (CME:SPMLARO)
Bear Market Rally (-75) - SPMLARO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPMLARO as it may be in the beginning of a reversal.
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 DOWN since Feb 26th, 2020 at 121.18
The intermediate-term trend has been UP since Apr 29th, 2020 at 103.43
The short-term trend has been DOWN since May 22nd, 2020 at 100.59
Smart Scan Analysis for SPMLARO
Based on our trend formula, SPMLARO is rated as a -75 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|