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Index Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
RAE Fundamental Emerging Markets (South Africa) Total Return (CME:ERAEMSAT)
Strong Downtrend (-100) - ERAEMSAT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ERAEMSAT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ERAEMSAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERAEMSAT.
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 ERAEMSAT
The long-term trend has been DOWN since May 6th, 2022 at 1138.55
The intermediate-term trend has been DOWN since Apr 14th, 2022 at 1261.18
The short-term trend has been DOWN since Apr 6th, 2022 at 1290.84
Smart Scan Analysis for ERAEMSAT
Based on our trend formula, ERAEMSAT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1118.65 | 1118.65 | 1118.65 | 1118.65 | -15.70 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1118.65 | 0 | 2022-05-19 18:01:22 |
| 52wk High | 1446.76 | 52wk High Date | 2018-01-25 |
| 52wk Low | 968.68 | 52wk Low Date | 2018-10-26 |