Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

S&P MLP Index (CME:SPMLP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

CME_SPMLP
Open High Low SPMLP Price Change
1209.31 1233.93 1206.95 1226.67 +22.09
Entry Signal

MarketClub’s Trade Triangles for SPMLP

long term down The long term trend has been DOWN since Oct 8th, 2019 at 1301.26

intermediate term up The intermediate term trend has been UP since Dec 10th, 2019 at 1219.78

short term up The short term trend has been UP since Dec 6th, 2019 at 1183.61

Smart Scan Analysis for SPMLP

Based on a pre-defined weighted trend formula for chart analysis, SPMLP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SPMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1209.31 1233.93 1206.95 1226.67 +22.09
Prev. Close Volume Bid Ask Time
1179.40 0 2019-12-10 17:12:07
52wk High1717.0652wk High Date2018-01-24
52wk Low1314.752wk Low Date2018-03-27
Want to analyze S&P MLP Index SPMLP or another symbol? Try our Free Index Trend Analysis Report.