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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Dow Jones Global Oil & Gas Index (INDEX:W1ENE)

Long-Term Uptrend (+90) - W1ENE is in a strong uptrend that is likely to continue. While W1ENE 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 W1ENE?

MarketClub looks at technical strength and momentum to determine if the timing is right for W1ENE.

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

INDEX_W1ENE
Open High Low W1ENE Price Change
487.25 487.98 487.11 487.56 +0.28
Entry Signal

MarketClub’s Trade Triangles for W1ENE

long term up The long-term trend has been UP since Mar 1st, 2024 at 446.12

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2024 at 440.31

short term up The short-term trend has been UP since Apr 19th, 2024 at 481.33

Smart Scan Analysis for W1ENE

Based on our trend formula, W1ENE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for W1ENE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
487.25 487.98 487.11 487.56 +0.28
Prev. Close Volume Bid Ask Time
487.28 0 2024-04-26 09:22:20
52wk High454.1752wk High Date2018-05-22
52wk Low372.4652wk Low Date2018-11-23
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