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Index Trend Analysis Report

Prepared for you on Sunday, November 17, 2024.

Dow Jones Global Oil & Gas Index (INDEX:W1ENE)

Crossroads (+60) - W1ENE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid W1ENE?

MarketClub looks at technical strength and momentum to determine if the timing is right for W1ENE.

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

INDEX_W1ENE
Open High Low W1ENE Price Change
459.57 459.58 459.41 459.48 -0.12
Entry Signal

MarketClub’s Trade Triangles for W1ENE

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 448.71

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2024 at 462.48

short term up The short-term trend has been UP since Nov 15th, 2024 at 461.72

Smart Scan Analysis for W1ENE

Based on our trend formula, W1ENE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for W1ENE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
459.57 459.58 459.41 459.48 -0.12
Prev. Close Volume Bid Ask Time
459.60 0 2024-11-17 05:41:10
52wk High454.1752wk High Date2018-05-22
52wk Low372.4652wk Low Date2018-11-23
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