Index Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
World Solar Energy Total Return Index (USD) (CME:SOLEXD)
Long-Term Downtrend (-90) - SOLEXD is in a strong downtrend that is likely to continue. While SOLEXD 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 SOLEXD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOLEXD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SOLEXD
The long-term trend has been DOWN since Mar 5th, 2021 at 303.37
The intermediate-term trend has been DOWN since May 3rd, 2021 at 313.74
The short-term trend has been DOWN since Apr 28th, 2021 at 349.42
Smart Scan Analysis for SOLEXD
Based on our trend formula, SOLEXD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||133.82||52wk High Date||2018-05-14|
|52wk Low||79.27||52wk Low Date||2018-10-29|