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Index Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

European Renewable Energy Total Return Index (USD) (CME:ERIXD)

Sidelines Mode (-55) - ERIXD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

CME_ERIXD
Open High Low ERIXD Price Change
2044.30 2094.93 2044.30 2071.17 +26.87
Entry Signal

MarketClub’s Trade Triangles for ERIXD

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 2023.04

intermediate term down The intermediate-term trend has been DOWN since May 26th, 2023 at 2037.98

short term up The short-term trend has been UP since Jun 2nd, 2023 at 2050.79

Smart Scan Analysis for ERIXD

Based on our trend formula, ERIXD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ERIXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2044.30 2094.93 2044.30 2071.17 +26.87
Prev. Close Volume Bid Ask Time
2072.59 0 2023-06-09 11:54:33
52wk High1167.9752wk High Date2018-05-22
52wk Low926.4952wk Low Date2017-12-06
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