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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
MAC Global Solar Energy Index Total Return (CME:SUNIDX)
Strong Downtrend (-100) - SUNIDX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SUNIDX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SUNIDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SUNIDX.
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 SUNIDX
The long-term trend has been DOWN since Mar 17th, 2023 at 337.01
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 202.99
The short-term trend has been DOWN since Apr 25th, 2024 at 188.34
Smart Scan Analysis for SUNIDX
Based on our trend formula, SUNIDX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 191.52 | 197.29 | 191.44 | 195.81 | +4.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| 191.49 | 0 | 2024-04-26 15:21:31 |
| 52wk High | 130.12 | 52wk High Date | 2018-05-22 |
| 52wk Low | 85.59 | 52wk Low Date | 2018-10-29 |