Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

Dow Jones Europe Basic Materials Index (INDEX:E1BSC)

Countertrend Up (+85) - E1BSC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid E1BSC?

MarketClub looks at technical strength and momentum to determine if the timing is right for E1BSC.

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

INDEX_E1BSC
Open High Low E1BSC Price Change
686.41 688.26 672.28 680.55 -11.72
Entry Signal

MarketClub’s Trade Triangles for E1BSC

long term up The long-term trend has been UP since Nov 23rd, 2020 at 579.74

intermediate term up The intermediate-term trend has been UP since Feb 10th, 2021 at 674.75

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 677.64

Smart Scan Analysis for E1BSC

Based on our trend formula, E1BSC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for E1BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
686.41 688.26 672.28 680.55 -11.72
Prev. Close Volume Bid Ask Time
692.27 0 2021-03-04 08:33:03
52wk High683.6252wk High Date2018-01-25
52wk Low488.9952wk Low Date2018-11-27
Get a free daily analysis and signals for Dow Jones Europe Basic Materials Index (E1BSC) - Request Your Free Report.