Index Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Dow Jones BRIC India 15 Index (EUR) (INDEX:B50INE)
Sidelines Mode (+55) - B50INE 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 B50INE?
MarketClub looks at technical strength and momentum to determine if the timing is right for B50INE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for B50INE
The long-term trend has been UP since Jun 22nd, 2021 at 829.79
The intermediate-term trend has been UP since Aug 3rd, 2021 at 832.70
The short-term trend has been DOWN since Oct 28th, 2021 at 953.70
Smart Scan Analysis for B50INE
Based on our trend formula, B50INE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||649.73||52wk High Date||2018-08-13|
|52wk Low||531.03||52wk Low Date||2018-10-11|