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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

RAE Fundamental Emerging Markets (South Africa) Total Return (CME:ERAEMSAT)

Long-Term Downtrend (-90) - ERAEMSAT is in a strong downtrend that is likely to continue. While ERAEMSAT is showing intraday strength, it remains in the confines of a bearish trend. 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.

CME_ERAEMSAT
Open High Low ERAEMSAT Price Change
939.11 939.11 939.11 939.11 +30.15
Entry Signal

MarketClub’s Trade Triangles for ERAEMSAT

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 926.57

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 930.51

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 941.65

Smart Scan Analysis for ERAEMSAT

Based on our trend formula, ERAEMSAT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ERAEMSAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
939.11 939.11 939.11 939.11 +30.15
Prev. Close Volume Bid Ask Time
908.96 0 2024-04-26 17:42:56
52wk High1446.7652wk High Date2018-01-25
52wk Low968.6852wk Low Date2018-10-26
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