Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

European Renewable Energy Price Index (USD) (CME:ERIXPD)

Long-Term Uptrend (+90) - ERIXPD is in a strong uptrend that is likely to continue. While ERIXPD 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 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.

CME_ERIXPD
Open High Low ERIXPD Price Change
1543.67 1554.99 1476.15 1484.48 -59.89
Entry Signal

MarketClub’s Trade Triangles for ERIXPD

long term up The long-term trend has been UP since Dec 20th, 2023 at 1571.45

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 1458.13

short term up The short-term trend has been UP since Mar 20th, 2024 at 1396.34

Smart Scan Analysis for ERIXPD

Based on our trend formula, ERIXPD is rated as a +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
1543.67 1554.99 1476.15 1484.48 -59.89
Prev. Close Volume Bid Ask Time
1544.37 0 2024-03-28 11:55:03
52wk High1057.7752wk High Date2018-05-22
52wk Low845.7852wk Low Date2017-12-06
Get a free daily analysis and signals for European Renewable Energy Price Index (USD) (ERIXPD) - Request Your Free Report.