Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
Dow Jones Europe Oil & Gas Index (INDEX:E1ENE)
Long-Term Downtrend (-90) - E1ENE is in a strong downtrend that is likely to continue. While E1ENE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid E1ENE?
MarketClub looks at technical strength and momentum to determine if the timing is right for E1ENE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for E1ENE
The long-term trend has been DOWN since Jan 30th, 2020 at 255.77
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 276.33
The short-term trend has been DOWN since Feb 13th, 2020 at 249.46
Smart Scan Analysis for E1ENE
Based on our trend formula, E1ENE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||339.61||52wk High Date||2018-05-22|
|52wk Low||274||52wk Low Date||2018-11-23|