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Index Trend Analysis Report
Prepared for you on Thursday, May 13, 2021.
Morningstar US Energy Sector Capped PR USD (CME:MES)
Long-Term Uptrend (+90) - MES is in a strong uptrend that is likely to continue. While MES 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 MES?
MarketClub looks at technical strength and momentum to determine if the timing is right for MES.
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 MES
The long-term trend has been UP since Nov 24th, 2020 at 5056.35
The intermediate-term trend has been UP since Apr 28th, 2021 at 6500.16
The short-term trend has been UP since Apr 26th, 2021 at 6187.93
Smart Scan Analysis for MES
Based on our trend formula, MES is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6798.56 | 6989.27 | 6763.20 | 6789.26 | +4.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6789.26 | 0 | 2021-05-12 16:19:47 |