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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
European Renewable Energy Total Return Index (USD) (CME:ERIXD)
Bear Market Rally (-75) - ERIXD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ERIXD as it may be in the beginning of a reversal.
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 DOWN since Apr 15th, 2024 at 1516.96
The intermediate-term trend has been UP since Dec 9th, 2024 at 1102.24
The short-term trend has been DOWN since Dec 13th, 2024 at 1086.58
Smart Scan Analysis for ERIXD
Based on our trend formula, ERIXD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1068.04 | 1070.22 | 1067.68 | 1068.51 | +0.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1068.51 | 0 | 2024-12-24 14:14:21 |
| 52wk High | 1167.97 | 52wk High Date | 2018-05-22 |
| 52wk Low | 926.49 | 52wk Low Date | 2017-12-06 |