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Index Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
RAE Fundamental Emerging Markets Price Return (CME:ERAEMLP)
Bull Market Weakness (+75) - ERAEMLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ERAEMLP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ERAEMLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERAEMLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ERAEMLP
The long-term trend has been UP since Dec 14th, 2023 at 2394.52
The intermediate-term trend has been UP since Apr 29th, 2024 at 2663.68
The short-term trend has been DOWN since May 1st, 2024 at 2642.97
Smart Scan Analysis for ERAEMLP
Based on our trend formula, ERAEMLP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2650.53 | 2671.87 | 2650.32 | 2665.42 | +19.67 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2645.75 | 0 | 2024-05-02 17:53:27 |
| 52wk High | 2546.48 | 52wk High Date | 2018-01-29 |
| 52wk Low | 1878.68 | 52wk Low Date | 2018-10-30 |