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Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
European Renewable Energy Price Index (USD) (CME:ERIXPD)
Crossroads (+60) - ERIXPD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ERIXPD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERIXPD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ERIXPD
The long-term trend has been DOWN since Apr 15th, 2024 at 1324.53
The intermediate-term trend has been UP since May 3rd, 2024 at 1420.22
The short-term trend has been UP since May 3rd, 2024 at 1402.65
Smart Scan Analysis for ERIXPD
Based on our trend formula, ERIXPD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1364.73 | 1429.30 | 1359.41 | 1386.14 | +27.43 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1386.14 | 0 | 2024-05-03 13:40:19 |
| 52wk High | 1057.77 | 52wk High Date | 2018-05-22 |
| 52wk Low | 845.78 | 52wk Low Date | 2017-12-06 |