Index Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
Dow Jones Europe ex-U.K. Oil & Gas Index (INDEX:E2ENE)
Bull Market Weakness (+75) - E2ENE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on E2ENE as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid E2ENE?
MarketClub looks at technical strength and momentum to determine if the timing is right for E2ENE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for E2ENE
The long-term trend has been DOWN since Jul 5th, 2022 at 274.36
The intermediate-term trend has been UP since Aug 1st, 2022 at 286.34
The short-term trend has been UP since Aug 18th, 2022 at 294.15
Smart Scan Analysis for E2ENE
Based on our trend formula, E2ENE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||332.5||52wk High Date||2018-09-25|
|52wk Low||272.44||52wk Low Date||2018-11-23|