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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
World Solar Energy Total Return Index (EUR) (CME:SOLEX)
Countertrend Down (-85) - SOLEX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SOLEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOLEX.
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 SOLEX
The long-term trend has been DOWN since Dec 13th, 2024 at 157.37
The intermediate-term trend has been DOWN since Dec 12th, 2024 at 159.23
The short-term trend has been UP since Dec 23rd, 2024 at 150.94
Smart Scan Analysis for SOLEX
Based on our trend formula, SOLEX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 153.71 | 153.88 | 153.62 | 153.75 | +0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 153.65 | 0 | 2024-12-26 05:02:04 |
| 52wk High | 134.58 | 52wk High Date | 2018-05-31 |
| 52wk Low | 83.52 | 52wk Low Date | 2018-10-29 |