Index Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
GLOBAL WIND ENERGY INDEX (NASDAQ:GWE)
Long-Term Downtrend (-90) - GWE is in a strong downtrend that is likely to continue. While GWE 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 GWE?
MarketClub looks at technical strength and momentum to determine if the timing is right for GWE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GWE
The long-term trend has been DOWN since Oct 8th, 2021 at 252.13
The intermediate-term trend has been DOWN since Jan 7th, 2022 at 240.54
The short-term trend has been DOWN since Jan 21st, 2022 at 238.21
Smart Scan Analysis for GWE
Based on our trend formula, GWE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||173.88||52wk High Date||2018-04-30|
|52wk Low||136.95||52wk Low Date||2018-10-30|