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Index Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
European Renewable Energy Price Index (USD) (CME:ERIXPD)
Long-Term Downtrend (-90) - ERIXPD is in a strong downtrend that is likely to continue. While ERIXPD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ERIXPD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERIXPD.
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 ERIXPD
The long-term trend has been DOWN since Apr 15th, 2024 at 1324.53
The intermediate-term trend has been DOWN since Jan 10th, 2025 at 892.04
The short-term trend has been DOWN since Feb 3rd, 2025 at 855.46
Smart Scan Analysis for ERIXPD
Based on our trend formula, ERIXPD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 852.51 | 873.29 | 846.61 | 871.27 | +18.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 852.63 | 0 | 2025-02-04 14:26:02 |
| 52wk High | 1057.77 | 52wk High Date | 2018-05-22 |
| 52wk Low | 845.78 | 52wk Low Date | 2017-12-06 |