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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Dow Jones Europe Telecommunications Index (INDEX:E1TLS)

Countertrend Down (-85) - E1TLS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid E1TLS?

MarketClub looks at technical strength and momentum to determine if the timing is right for E1TLS.

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

INDEX_E1TLS
Open High Low E1TLS Price Change
169.88 170.10 168.04 168.13 -1.74
Entry Signal

MarketClub’s Trade Triangles for E1TLS

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 170.50

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 173.68

short term up The short-term trend has been UP since Apr 10th, 2024 at 176.86

Smart Scan Analysis for E1TLS

Based on our trend formula, E1TLS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for E1TLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
169.88 170.10 168.04 168.13 -1.74
Prev. Close Volume Bid Ask Time
169.87 0 2024-04-15 23:52:00
52wk High280.1152wk High Date2018-01-25
52wk Low207.2552wk Low Date2018-10-26
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