Index Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
Dow Jones Europe - Nordic Index (INDEX:E3DOW)
Countertrend Up (+85) - E3DOW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid E3DOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for E3DOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for E3DOW
The long-term trend has been UP since Nov 17th, 2023 at 898.57
The intermediate-term trend has been UP since Nov 14th, 2023 at 864.98
The short-term trend has been DOWN since Dec 7th, 2023 at 905.31
Smart Scan Analysis for E3DOW
Based on our trend formula, E3DOW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||766.18||52wk High Date||2018-01-25|
|52wk Low||616.64||52wk Low Date||2018-11-20|