Index Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
The Asia Dow (EUR) (INDEX:ADOWE)
Crossroads (+60) - ADOWE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ADOWE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADOWE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ADOWE
The long-term trend has been DOWN since May 12th, 2021 at 3051.02
The intermediate-term trend has been UP since Jun 2nd, 2021 at 3142.90
The short-term trend has been UP since Jun 11th, 2021 at 3152.56
Smart Scan Analysis for ADOWE
Based on our trend formula, ADOWE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3007.33||52wk High Date||2018-01-23|
|52wk Low||2542.17||52wk Low Date||2018-10-26|