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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
European Renewable Energy Price Index (EUR) (CME:ERIXP)
Sidelines Mode (+55) - ERIXP 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 ERIXP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERIXP.
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 ERIXP
The long-term trend has been DOWN since Apr 16th, 2024 at 1458.46
The intermediate-term trend has been UP since Dec 9th, 2024 at 1080.29
The short-term trend has been DOWN since Dec 13th, 2024 at 1071.24
Smart Scan Analysis for ERIXP
Based on our trend formula, ERIXP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1064.00 | 1065.13 | 1063.92 | 1064.82 | +0.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1064.82 | 0 | 2024-12-24 14:14:21 |
| 52wk High | 1072.23 | 52wk High Date | 2018-11-29 |
| 52wk Low | 854 | 52wk Low Date | 2017-12-06 |