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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

MAC Global Solar Energy Index Total Return (CME:SUNIDX)

Strong Downtrend (-100) - SUNIDX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SUNIDX continues to fall. Traders should use caution and set stops.

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

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

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

CME_SUNIDX
Open High Low SUNIDX Price Change
190.91 191.84 189.61 190.35 -0.36
Entry Signal

MarketClub’s Trade Triangles for SUNIDX

long term down The long-term trend has been DOWN since Mar 17th, 2023 at 337.01

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 202.99

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 207.83

Smart Scan Analysis for SUNIDX

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

-100
Smart Scan Analysis for SUNIDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
190.91 191.84 189.61 190.35 -0.36
Prev. Close Volume Bid Ask Time
190.71 0 2024-04-19 16:19:16
52wk High130.1252wk High Date2018-05-22
52wk Low85.5952wk Low Date2018-10-29
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