Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
World Solar Energy Index (USD) (CME:SOLEXPD)
Bull Market Weakness (+75) - SOLEXPD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SOLEXPD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SOLEXPD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOLEXPD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SOLEXPD
The long-term trend has been DOWN since Mar 12th, 2020 at 103.17
The intermediate-term trend has been UP since Apr 9th, 2020 at 106.20
The short-term trend has been UP since May 26th, 2020 at 130.87
Smart Scan Analysis for SOLEXPD
Based on our trend formula, SOLEXPD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||129.11||52wk High Date||2018-05-14|
|52wk Low||76.25||52wk Low Date||2018-10-29|