Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
European Renewable Energy Total Return Index (USD) (CME:ERIXD)
Long-Term Uptrend (+90) - ERIXD is in a strong uptrend that is likely to continue. While ERIXD 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 ERIXD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERIXD.
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 ERIXD
The long-term trend has been UP since Dec 20th, 2023 at 1799.21
The intermediate-term trend has been UP since Mar 20th, 2024 at 1669.97
The short-term trend has been UP since Mar 20th, 2024 at 1599.20
Smart Scan Analysis for ERIXD
Based on our trend formula, ERIXD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1768.44 | 1780.90 | 1690.61 | 1697.23 | -71.50 |
Prev. Close | Volume | Bid | Ask | Time |
1697.23 | 0 | 2024-03-28 14:34:56 |
52wk High | 1167.97 | 52wk High Date | 2018-05-22 |
52wk Low | 926.49 | 52wk Low Date | 2017-12-06 |