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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

World Solar Energy Index (EUR) (CME:SOLEXP)

Bull Market Weakness (+75) - SOLEXP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SOLEXP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SOLEXP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SOLEXP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SOLEXP
Open High Low SOLEXP Price Change
165.49 171.58 164.30 170.21 +4.83
Entry Signal

MarketClub’s Trade Triangles for SOLEXP

long term up The long-term trend has been UP since Jan 2nd, 2024 at 185.29

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 168.64

short term up The short-term trend has been UP since May 3rd, 2024 at 167.07

Smart Scan Analysis for SOLEXP

Based on our trend formula, SOLEXP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SOLEXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.49 171.58 164.30 170.21 +4.83
Prev. Close Volume Bid Ask Time
170.12 0 2024-05-03 16:05:04
52wk High129.7552wk High Date2018-05-16
52wk Low80.3452wk Low Date2018-10-29
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