Index Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
S&P MILA Andean Resources COP (CME:SPMLARO)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPMLARO
The long term trend has been DOWN since Dec 18th, 2018 at 136.05
The intermediate term trend has been DOWN since Apr 15th, 2019 at 145.07
The short term trend has been UP since Jun 12th, 2019 at 130.71
Smart Scan Analysis for SPMLARO
Based on a pre-defined weighted trend formula for chart analysis, SPMLARO scored -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|