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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
MAC Global Solar Energy Index Total Return (CME:SUNIDX)
Countertrend Down (-85) - SUNIDX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Jul 2nd, 2024 at 187.72
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 167.15
The short-term trend has been UP since Dec 23rd, 2024 at 162.35
Smart Scan Analysis for SUNIDX
Based on our trend formula, SUNIDX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 167.32 | 167.32 | 166.86 | 166.91 | -0.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 167.30 | 0 | 2024-12-26 07:47:01 |
| 52wk High | 130.12 | 52wk High Date | 2018-05-22 |
| 52wk Low | 85.59 | 52wk Low Date | 2018-10-29 |