Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

EUROPEAN RENEWABLE ENERGY PRICE INDEX (U) (CME:ERIXPD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ERIXPD
Open High Low ERIXPD Price Change
952.18 959.30 949.80 959.13 +9.45
Entry Signal

MarketClub’s Trade Triangles for ERIXPD

long term down The long term trend has been DOWN since Jun 20th, 2018 at 954.81

intermediate term down The intermediate term trend has been DOWN since May 29th, 2018 at 993.08

short term down The short term trend has been DOWN since Jun 8th, 2018 at 1011.70

Smart Scan Analysis for ERIXPD

Based on a pre-defined weighted trend formula for chart analysis, ERIXPD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ERIXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
952.18 959.30 949.80 959.13 +9.45
Prev. Close Volume Bid Ask Time
959.13 0 2018-06-22 11:54:48
52wk High1057.7752wk High Date2018-05-22
52wk Low845.7852wk Low Date2017-12-06
Want to analyze EUROPEAN RENEWABLE ENERGY PRICE INDEX (U) ERIXPD or another symbol? Try our Free Index Trend Analysis Report.