Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Dow Jones Europe Index (INDEX:E1DOW)
Long-Term Uptrend (+90) - E1DOW is in a strong uptrend that is likely to continue. While E1DOW 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 E1DOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for E1DOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for E1DOW
The long-term trend has been UP since Nov 9th, 2020 at 328.93
The intermediate-term trend has been UP since Feb 12th, 2021 at 374.38
The short-term trend has been UP since Feb 25th, 2021 at 376.73
Smart Scan Analysis for E1DOW
Based on our trend formula, E1DOW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||374.7||52wk High Date||2018-01-25|
|52wk Low||296.49||52wk Low Date||2018-10-26|