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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Dow Jones Europe Basic Materials Index (INDEX:E1BSC)

Sidelines Mode (+55) - E1BSC 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 E1BSC?

MarketClub looks at technical strength and momentum to determine if the timing is right for E1BSC.

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

INDEX_E1BSC
Open High Low E1BSC Price Change
612.99 618.88 605.65 614.50 +1.49
Entry Signal

MarketClub’s Trade Triangles for E1BSC

long term up The long-term trend has been UP since Dec 1st, 2023 at 596.30

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 608.50

short term up The short-term trend has been UP since Apr 22nd, 2024 at 612.56

Smart Scan Analysis for E1BSC

Based on our trend formula, E1BSC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for E1BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
612.99 618.88 605.65 614.50 +1.49
Prev. Close Volume Bid Ask Time
613.01 0 2024-04-25 16:20:00
52wk High683.6252wk High Date2018-01-25
52wk Low488.9952wk Low Date2018-11-27
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