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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
European Renewable Energy Total Return Index (USD) (CME:ERIXD)
Countertrend Down (-85) - ERIXD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ERIXD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERIXD.
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 ERIXD
The long-term trend has been DOWN since Apr 15th, 2024 at 1516.96
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 1554.34
The short-term trend has been UP since Apr 23rd, 2024 at 1501.61
Smart Scan Analysis for ERIXD
Based on our trend formula, ERIXD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1518.85 | 1540.51 | 1499.57 | 1501.74 | -12.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1514.14 | 0 | 2024-04-25 13:38:26 |
| 52wk High | 1167.97 | 52wk High Date | 2018-05-22 |
| 52wk Low | 926.49 | 52wk Low Date | 2017-12-06 |