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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P MILA Andean Resources COP (CME:SPMLARO)

Long-Term Downtrend (-90) - SPMLARO is in a strong downtrend that is likely to continue. While SPMLARO 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 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.

CME_SPMLARO
Open High Low SPMLARO Price Change
199.18 199.25 196.38 196.89 -2.63
Entry Signal

MarketClub’s Trade Triangles for SPMLARO

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 205.84

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 199.89

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 202.62

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).

-90
Smart Scan Analysis for SPMLARO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
199.18 199.25 196.38 196.89 -2.63
Prev. Close Volume Bid Ask Time
196.89 0 2024-12-24 16:15:04
52wk High16452wk High Date2018-01-30
52wk Low133.8852wk Low Date2017-12-07
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