Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Dow Jones Spain Index (INDEX:ESDOW)
Long-Term Downtrend (-90) - ESDOW is in a strong downtrend that is likely to continue. While ESDOW 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 ESDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for ESDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ESDOW
The long-term trend has been DOWN since Feb 26th, 2020 at 352.24
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 360.15
The short-term trend has been DOWN since Mar 30th, 2020 at 256.26
Smart Scan Analysis for ESDOW
Based on our trend formula, ESDOW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||412.63||52wk High Date||2018-01-26|
|52wk Low||333.62||52wk Low Date||2018-10-26|