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Index Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.


Bull Market Weakness (+75) - SPMLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPMLP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPMLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SPMLP Price Change
1526.37 1526.60 1508.91 1511.27 -17.92
Entry Signal

MarketClub’s Trade Triangles for SPMLP

long term up The long-term trend has been UP since Jul 10th, 2023 at 1383.96

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2023 at 1511.43

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 1514.93

Smart Scan Analysis for SPMLP

Based on our trend formula, SPMLP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SPMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1526.37 1526.60 1508.91 1511.27 -17.92
Prev. Close Volume Bid Ask Time
1529.19 0 2023-12-05 17:03:03
52wk High1717.0652wk High Date2018-01-24
52wk Low1314.752wk Low Date2018-03-27
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