Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
European Renewable Energy Price Index (EUR) (CME:ERIXP)
Long-Term Uptrend (+90) - ERIXP is in a strong uptrend that is likely to continue. While ERIXP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ERIXP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERIXP.
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 ERIXP
The long-term trend has been UP since Dec 20th, 2023 at 1725.65
The intermediate-term trend has been UP since Mar 20th, 2024 at 1597.97
The short-term trend has been UP since Mar 20th, 2024 at 1531.47
Smart Scan Analysis for ERIXP
Based on our trend formula, ERIXP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1703.41 | 1719.65 | 1632.64 | 1637.39 | -65.75 |
Prev. Close | Volume | Bid | Ask | Time |
1637.39 | 0 | 2024-03-28 14:34:56 |
52wk High | 1072.23 | 52wk High Date | 2018-11-29 |
52wk Low | 854 | 52wk Low Date | 2017-12-06 |