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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Dow Jones BRIC 50 Index (EUR) (INDEX:BRIC50E)

Sidelines Mode (+55) - BRIC50E 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 BRIC50E?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRIC50E.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_BRIC50E
Open High Low BRIC50E Price Change
601.04 601.23 596.52 599.07 -2.32
Entry Signal

MarketClub’s Trade Triangles for BRIC50E

long term up The long-term trend has been UP since Sep 24th, 2024 at 567.11

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2024 at 549.95

short term down The short-term trend has been DOWN since Oct 24th, 2024 at 597.80

Smart Scan Analysis for BRIC50E

Based on our trend formula, BRIC50E is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BRIC50E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
601.04 601.23 596.52 599.07 -2.32
Prev. Close Volume Bid Ask Time
597.21 0 2024-10-25 16:32:33
52wk High667.1852wk High Date2018-01-29
52wk Low530.2352wk Low Date2018-10-11
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