Index Trend Analysis Report
Prepared for you on Wednesday, July 15, 2020.
Ardour Solar Energy Index (EUR) (GIF:SOLRE)
Long-Term Uptrend (+90) - SOLRE is in a strong uptrend that is likely to continue. While SOLRE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SOLRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOLRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SOLRE
The long-term trend has been UP since Jan 2nd, 2020 at 531.35
The intermediate-term trend has been UP since Apr 7th, 2020 at 446.72
The short-term trend has been UP since Jul 15th, 2020 at 677.38
Smart Scan Analysis for SOLRE
Based on our trend formula, SOLRE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).