Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Dow Jones BRIC 50 All DR Index (EUR) (INDEX:B50ADRE)
Sidelines Mode (+55) - B50ADRE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid B50ADRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for B50ADRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for B50ADRE
The long-term trend has been UP since Aug 15th, 2022 at 495.86
The intermediate-term trend has been UP since May 30th, 2022 at 461.65
The short-term trend has been DOWN since Aug 18th, 2022 at 485.58
Smart Scan Analysis for B50ADRE
Based on our trend formula, B50ADRE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||549.62||52wk High Date||2018-01-29|
|52wk Low||456.96||52wk Low Date||2018-09-11|