Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Alerian MLP Equal Weight Total Return Index (CME:AMZEX)
Long-Term Uptrend (+90) - AMZEX is in a strong uptrend that is likely to continue. While AMZEX 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 AMZEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMZEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AMZEX
The long-term trend has been UP since Nov 23rd, 2020 at 300.86
The intermediate-term trend has been UP since Sep 24th, 2021 at 465.65
The short-term trend has been UP since Sep 23rd, 2021 at 454.51
Smart Scan Analysis for AMZEX
Based on our trend formula, AMZEX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||499.2743||52wk High Date||2018-01-24|
|52wk Low||386.0513||52wk Low Date||2018-03-28|