Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Dow Jones Spain Index (INDEX:ESDOW)
Countertrend Up (+85) - ESDOW 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 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 UP since Dec 13th, 2019 at 368.28
The intermediate-term trend has been UP since Feb 5th, 2020 at 372.06
The short-term trend has been DOWN since Feb 20th, 2020 at 382.93
Smart Scan Analysis for ESDOW
Based on our trend formula, ESDOW is rated as a +85 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|