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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

World Solar Energy Total Return Index (EUR) (CME:SOLEX)

Sidelines Mode (-55) - SOLEX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SOLEX?

MarketClub looks at technical strength and momentum to determine if the timing is right for SOLEX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SOLEX
Open High Low SOLEX Price Change
174.66 174.71 173.37 173.45 -1.38
Entry Signal

MarketClub’s Trade Triangles for SOLEX

long term up The long-term trend has been UP since Jan 2nd, 2024 at 199.19

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 181.49

short term up The short-term trend has been UP since Apr 23rd, 2024 at 176.35

Smart Scan Analysis for SOLEX

Based on our trend formula, SOLEX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SOLEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
174.66 174.71 173.37 173.45 -1.38
Prev. Close Volume Bid Ask Time
174.83 0 2024-04-25 05:03:49
52wk High134.5852wk High Date2018-05-31
52wk Low83.5252wk Low Date2018-10-29
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