Index Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
World Solar Energy Total Return Index (EUR) (CME:SOLEX)
Weak Downtrend (-65) - SOLEX is showing signs of a strengthening downtrend. Monitor SOLEX as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for SOLEX
The long-term trend has been DOWN since Oct 11th, 2022 at 311.16
The intermediate-term trend has been DOWN since Apr 25th, 2023 at 252.28
The short-term trend has been UP since Jun 2nd, 2023 at 239.63
Smart Scan Analysis for SOLEX
Based on our trend formula, SOLEX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||134.58||52wk High Date||2018-05-31|
|52wk Low||83.52||52wk Low Date||2018-10-29|