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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Dow Jones Europe Telecommunications Index (INDEX:E1TLS)

Countertrend Up (+85) - E1TLS 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 E1TLS?

MarketClub looks at technical strength and momentum to determine if the timing is right for E1TLS.

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

INDEX_E1TLS
Open High Low E1TLS Price Change
179.53 180.08 178.74 179.93 +0.38
Entry Signal

MarketClub’s Trade Triangles for E1TLS

long term up The long-term trend has been UP since May 15th, 2024 at 181.64

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 176.92

short term down The short-term trend has been DOWN since May 22nd, 2024 at 182.51

Smart Scan Analysis for E1TLS

Based on our trend formula, E1TLS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for E1TLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
179.53 180.08 178.74 179.93 +0.38
Prev. Close Volume Bid Ask Time
179.55 0 2024-05-24 11:23:55
52wk High280.1152wk High Date2018-01-25
52wk Low207.2552wk Low Date2018-10-26
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