Index Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Dow Jones Spain Index (USD) (INDEX:ESDOWD)
Bull Market Weakness (+75) - ESDOWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ESDOWD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ESDOWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ESDOWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ESDOWD
The long-term trend has been UP since Nov 24th, 2022 at 195.65
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 218.29
The short-term trend has been UP since Mar 29th, 2023 at 220.08
Smart Scan Analysis for ESDOWD
Based on our trend formula, ESDOWD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||299.86||52wk High Date||2018-01-25|
|52wk Low||221.84||52wk Low Date||2018-10-26|