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Index Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
European Renewable Energy Total Return Index (EUR) (CME:ERIX)
Crossroads (+60) - ERIX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ERIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERIX.
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 ERIX
The long-term trend has been DOWN since Apr 4th, 2025 at 1120.53
The intermediate-term trend has been UP since May 1st, 2025 at 1146.76
The short-term trend has been UP since Apr 23rd, 2025 at 1127.34
Smart Scan Analysis for ERIX
Based on our trend formula, ERIX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1169.36 | 1178.20 | 1159.31 | 1169.43 | +8.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1169.25 | 0 | 2025-05-08 11:54:49 |
| 52wk High | 1122.99 | 52wk High Date | 2018-11-29 |
| 52wk Low | 894.43 | 52wk Low Date | 2017-12-06 |
| Estimated Volume | 26 |